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CHINA> National
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China stocks sink to 21-month low
(Xinhua)
Updated: 2008-09-08 20:24 In addition, manufacturing contracted for a second month in August, underscoring the risk of a slump in the world's fourth biggest economy. Export growth, which contributed to a big chunk of the gross domestic product growth, began to slow with faltering demand from the United States and European countries. The benchmark Shanghai Composite Index finished 59.03 points or 2.68 percent lower at 2,143.42. The Shenzhen Component Index slid 260.20 points, or 3.58 percent, to 6,980.92. Losses outnumbered gains by 786-87 in Shanghai and 703-34 in Shenzhen. |
