02 Jan REFILE-China stocks falter as economic concerns take over
Chinese stocks edged lower on
Thursday as expectations of policy support failed to offset
persisting worries over economic growth.
** The Shanghai Composite index ended nearly flat at
2,464.36, while the blue-chip CSI300 index fell 0.2
percent.
** The People’s Bank of China said on Wednesday evening it had
relaxed its conditions on targeted reserve requirement cuts to
benefit more small firms. The move came after China reported its
first factory activity contraction
Thursday as expectations of policy support failed to offset
persisting worries over economic growth.
** The Shanghai Composite index ended nearly flat at
2,464.36, while the blue-chip CSI300 index fell 0.2
percent.
** The People’s Bank of China said on Wednesday evening it had
relaxed its conditions on targeted reserve requirement cuts to
benefit more small firms. The move came after China reported its
first factory activity contraction
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