Emerging markets drop on China's reduced lending

Source: Bloomberg
© Scanpix/FP
Emerging-market equities declined on Monday trading session mainly due to a notable drop in Shanghai shares falling by the most in a seven-week period aid speculation that reduced lending in the property market may curb growth. The MSCI Asia-Pacific gauge outside Japan slipped 0.2% to 957.14 as of 9:36 a.m. New York time.

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