Fears about the economy sink Chinese stock markets. Shanghai Composite index drops 3.44%, to 2,675.38 points, while that of Shenzhen marks a collapse of 5.48%, at 1,453.48.

(HANDLE). (Handyle) . The Chinese stockmarkets sink to new intraday lows on fears of the strength of the Dragon's economy: the Shanghai Composite Index drops 3,44% to 2,.675. 38 points. The Shenzhen Composite Index falls 5.4% to 1,452.48 points.