Economics
China’s Stocks Fall Most in Three Months on Inflation
This article is for subscribers only.
China’s stocks fell the most among Asian markets after a report showing inflation accelerated more than forecast, limiting room for monetary easing to support an economic recovery.
The Shanghai Composite Index slid 1.8 percent to 2,243 at the close, the most since Sept. 20. It dropped 1.5 percent this week, the first decline in six weeks. The CSI 300 Index lost 1.9 percent to 2,483.23, led by financial and material companies.