Asia Stocks Fall After China Sparks Global Growth Concern

Asia Stocks Fall After China Sparks Global Growth Concern

Summary:

  • Asian stocks fall for a second day in a row because slower growth in China will curb the global economic recovery.
  • The world’s biggest publicly traded commodities supplier, dropped 3.6 percent in Hong Kong.
  • Japan’s Nikkei 225 Stock Average (NKY) lost 0.4 percent.
  • The Chinese economy is heading toward slower growth than what we’ve seen in the past decade, which means it’s a lot less investment-intensive with less demand for commodities
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Categories: Capital Markets

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