SHANGHAI — Chinese stocks tumbled again on Tuesday, despite a rebound in markets elsewhere in Asia.
Major Chinese stock indexes nosedived more than 7
percent, hitting their lowest levels since December, following their
more than 8 percent plunge on Monday that sent shockwaves through global financial markets.
Japan's Nikkei slumped 4 percent on Tuesday, but
the rest of Asia was been calmer overall. Europe also started on a
firmer footing after Monday's global beating had wiped around $520.70
billion off the value of its leading stock markets.
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