China stocks fall as new tariffs kick in; property firms plunge

China’s stock markets fell on
Tuesday morning in their first trading session after fresh U.S.
tariffs on $200 billion worth of Chinese imports kicked in on
Monday, prompting retaliatory tariffs on $60 billion of U.S.
imports to China.
** At the midday break, the Shanghai Composite index was down
21.15 points or 0.76 percent at 2,776.33.
** China’s blue-chip CSI300 index was down 1.12
percent, with its financial sector sub-index lower
by 1.7 percent, the consumer sta