China stocks soft, many sceptical economic recovery is sustainable



China stocks weakened on Wednesday despite strength in property shares, with thin trading indicating investors' reluctance to participate days ahead of the week-long National Day holiday that starts on Oct. 1.
China's blue-chip CSI300 index fell 0.3 percent, to 3,230.89, while the Shanghai Composite Index also lost 0.3 percent, to 2,987.86 points.
Recent economic data has shown signs of recovery in China's economy. Industrial sector profits jumped 20 percent in August, the best showing in three years, while a Reuters poll showed manufacturing sector activity likely expanded modestly for a... read more

 
28 September 2016 in World News, Views: 70
Source: Reuters
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