Chinese Stocks Have Biggest Weekly Drop Since January's Rout
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China’s stocks posted their biggest weekly decline in almost three months amid concern that improving economic data will prevent further stimulus and corporate defaults will rise.
The Shanghai Composite Index slumped 3.9 percent this week, the most among global gauges, with technology and industrial companies pacing losses. The measure added 0.2 percent on Friday as gains by consumer companies countered losses by commodity producers after exchanges moved to cool trading in raw materials.