Equities slide to lowest in a week

SHANGHAI - Stocks on the Chinese mainland fell, driving the benchmark index to the lowest level in a week, after export orders slumped and Premier Wen Jiabao said the government won't alter economic policies amid concerns about inflation.

Baoshan Iron & Steel Co led a gauge of industrial stocks to the second-biggest drop among 10 industry groups after a gauge of export orders contracted for the first time in more than two years.

Liquor maker Kweichow Moutai Co slid the most in a week on speculation that gains were excessive after consumer staples stocks posted the only advance among industry groups in August.