Economics

China Stocks Decline, Capping Biggest Weekly Loss Since July

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China stocks fell, capping the benchmark index’s biggest weekly loss since July, as speculation regulators will raise borrowing costs overshadowed gains by brewers on prospects of higher sales during upcoming holidays.

Agricultural Bank of China Ltd. slid 1.1 percent after the Securities Daily said the central bank may increase interest rates. Citic Securities Co. paced losses by brokerages after Deutsche Bank AG said the likelihood of a stock rally this year has diminished. Tsingtao Brewery Co. and Chongqing Brewery Co. climbed more than 5 percent ahead of Mid-Autumn Day and National Day holidays. North China Pharmaceutical Co. surged 7.7 percent as investors sought companies shielded from a slowing economy.