China’s Stocks Drop Most in Week; China Eastern, Moutai Decline

Chinese stocks fell, dragging down the benchmark index by the most in a week, before the start of the country’s leadership congress and U.S. presidential elections.

China Eastern Airlines Corp., the nation’s second-biggest domestic carrier, slid 3.1 percent after Credit Suisse Group AG downgraded the stock to underperform. Liquor maker Kweichow Moutai Co. paced declines for consumer staples producers on speculation recent gains were excessive relative to earnings prospects. Aluminum Corp. of China Ltd. and China Coal Energy Co. led losses for metal and energy producers on concern Europe will struggle to contain its sovereign debt problems.