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Chinese stocks slump 5%, Virgin Blue tumbles again

Analysis

There are some more worrying signs in China. The Shanghai Composite Index tumbled 5% yesterday, registering its biggest one-day percentage drop in more than eight months. Shares have plunged 20% in the past month to lows not seen in over 12 months. Moves by Beijing to curb rampant property market speculation have raised nervousness among retail investors.

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