China's Stocks Extend Worst Rout Since 2008 on Growth Concerns

  • Official manufacturing gauge falls to three-year low
  • PetroChina, China Life lead declines after earnings disappoint

China Experiencing 'Much Needed Rebalancing:' Armstrong

Chinese stocks extended the steepest monthly selloff since the global financial crisis after an official factory gauge slumped to a three-year low, some of the nation’s largest companies warned of disappointing earnings and traders unwound margin debt.

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