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China Stocks Fall, Drag Down Other Asian Markets

After enjoying some minor relief on Friday, Chinese markets closed down Monday and other Asian markets tumbled as concerns about Beijing's economy grow. The Shanghai Composite Index ended down 5.3 percent Monday, losing further ground after dropping 10 percent last week. Trading was halted twice last week after heavy losses. Hong Kong lost 2.8 percent Monday, Sydney shed 1.2 percent, Seoul slipped 1.2 percent, and the Philippines dropped 4.4 percent. Tokyo was closed for a...

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