Thursday, January 7, 2016

EUROPEAN STOCKS FALL OVER CHINA FEARS

Trading on Chinese mainland stock markets has been halted for the second time in 2016 after further sharp falls.

A new 'circuit-breaker', which is designed to ease volatility, kicked in within the first hour of trading.

Investors have not been reassured by the Chinese government's attempts to shore up the markets and encourage higher economic growth rates.

China's central bank has also moved again to weaken the yuan, in an attempt to boost exports.

European stocks have fallen in response to Chinese concerns, as Olly Barratt reports from London.

IN: "In terms…
OUT …sharply."
DUR: 40 seconds

http://www.fsnradionews.com/feeds/0107stocks-ob1.mp3