Chinese shares drop in dramatic slide

August 24, 2015 6:27 AM

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Chinese shares drop in dramatic slide

Chinese shares continued their sharp fall on Monday as concerns over the country's slowing growth and volatile markets sparked panic among traders.

The mainland benchmark index, the Shanghai Composite, fell sharply by 8.4% to 3,211.75 points, extending last week's losses.

Also read: U.S. economy creates 178,000 jobs in November; jobless rate drops to 4.6%

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