Tuesday, August 10, 2010

Declining Domestic Demand in China

HONG KONG (MarketWatch) -- Chinese shares suffered their worst fall in more than a month on Tuesday as weaker-than-expected July imports data raised concern that consumption on the mainland was slowing. The Shanghai Composite dropped 2.9% to 2,595.27, it worst percentage fall since June 29, while the Shenzhen Composite index tumbled 3.3% to 1,085.63.