Stocks plunge amid global financial woes
By Zhou Yan | China Daily | Updated: 2008-10-07 07:40
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An investor appears distressed as an electronic board shows declining stock prices at a securities firm in Shanghai yesterday. Chinese share prices closed 5.23 percent down in response to persistent financial turmoil in the United States and Europe. AFP |
Chinese stocks plummeted yesterday amid worries about the spreading global fallout from the US bad-debt crisis as investors caught up on developments following the week-long National Day holiday.
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