China Stocks Fall, Capping Second Weekly Loss, on Policy Concern
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China’s stocks fell, capping a second straight weekly loss for the benchmark index, on concern the central bank will take more steps to cool inflation.
Agricultural Bank of China Ltd. led a retreat by banks on speculation higher interest rates would curb loan growth. Aluminum Corp. of China Ltd., the largest producer of the metal, paced declines by commodity companies amid concern slowing economic growth will limit demand for metals.