China stocks fall for fourth straight week amid economic worries

China stocks fall for fourth straight week amid economic worries
 

SHANGHAI China stocks closed at their lowest level in two months on Friday, with the benchmark index registering its fourth week of declines, amid increasing concerns that a recent pick-up in economic activity may be fizzling out.
The Shanghai Composite Index .SSEC lost 0.3 percent to 2,827.11 points, its lowest close since March 11. The blue-chip CSI300 index .CSI300 fell 0.5 percent to 3,074.94.
For the week, the SSEC lost 3 percent, and the CSI300 shed 1.8 percent. Both indexes fell for the fourth straight week.
Investor confidence had been reviving on signs of economic improvement in... read more

 
13 May 2016 in World News, Views: 25
Source: Reuters
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