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China’s Stocks Fall for Third Day on Economic Slowdown, Europe
China’s stocks fell for a third day as signs of the nation’s slowing economy sent copper prices plunging while Germany and France’s disagreement over Europe’s rescue strategy threatens the global outlook. Jiangxi Copper Co., the biggest producer of the metal, slid to a three-month low as copper futures plunged 4.5 percent in Shanghai. China Southern Airlines Co. paced losses for carriers after China Business News said the aviation regulator reduced its estimates for passenger volume growth. Industrial & Commercial Bank of China (601398) Ltd. and China Vanke Co. led declines for financial companies after the ... (full story)