Asian stocks lower as China doubts persist

Source: Marketwatch
© ScanPix/AFP
Stock markets in Asia fell on Thursday, as worries around the world's second largest economy and the cloudy outlook for the timing of a rate hike in the US scare investors off. China's benchmark Shanghai Composite lost 3.4%, South Korea's Kospi was down 1.28%, while the Nikkei Stock Average slipped 0.94% and the S&P ASX 200 dropped 1.70%. Analysts say that the Asian markets are likely to remain volatile. 

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