Exposure to China weighs on European assets


Source: capital.com capital.com

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Shares and other assets with the greatest exposure to China were among the biggest market losers on Monday on fears over slowing growth and tougher government action on domestic and foreign businesses. China's equity markets fell sharply on Monday - Shanghai Composite down 2.3% and the Hang Sang off 3.9% - as the latest industrial clampdown by Chinese authorities saw private educational services targeted, ordered to register as non-profit organisations and to be banned from listing on stock markets. Meanwhile, there are growing indications China's economic recovery is slowing. While gross domestic product slowed markedly in the second quarter, it...