Chinese stocks fall for 4th day, dropping 7.6 percent
Chinese stock investors monitor stock prices at a brokerage house in Jiujiang in central China’s Jiangxi province Tuesday, Aug. 25, 2015. AP
BEIJING — China’s main stock market index has fallen for a fourth day, plunging 7.6 percent to an eight-month low.
In Japan, the Nikkei 225 index, which had risen earlier Tuesday, closed down 3.9 percent at 17,806.70.
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The Shanghai Composite Index closed Tuesday down 244.94 points to 2,964.97 amid sharp declines that have rattled investors abroad and triggered a global stock sell-off. It tumbled 8.5 percent Monday.
Chinese stocks have plunged over the last two weeks despite a multibillion-dollar government effort to stop a slide in prices. TVJ
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