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China stocks slide as crackdown on speculators spreads, lose 11 pct in Aug

August 31, 2015

Via: itCurated
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China stocks fell sharply on Monday before recovering much of their losses as regulators cracked down on speculators which Beijing blames for a 40 percent crash in the country’s stock markets since June.

Both main indexes plunged more than 4 percent at one point, pulling down markets across Asia, before paring losses in the afternoon.