China's Stock Markets Fall On Fears of a Real Estate Crackdown

Photograph by ChinaFotoPress/Getty Images

Hopes that China’s stock markets have finally shed their multi-year losing streak may have been dashed again. Since February 6, just before China’s New Year holiday, the Shanghai Composite Index has slumped 5.6 percent. That follows what had been an encouraging 20 percent-plus rise in the couple months since the market reached a dismal four-year-low, last December.

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