China stocks suffer biggest one-day loss in eight years

The further decline threatened to weigh anew on global markets after last week's Chinese losses triggered a worldwide sell off

China's stock market has fallen by its biggest margin in eight years at the end of trading, defying the government's multibillion-dollar effort to stop a slide that has wiped out the gains of this year's price boom. The plunge on Monday in China's equities followed last week's losses of 11 percent, and hammered stock prices across…

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