China’s stocks fell, dragging the benchmark index to its biggest loss in a month, as coal producers retreated and investors speculated the government may cut growth targets at an economic policy meeting this week.
China Shenhua Energy Co. and China Coal Energy Co., the nation’s biggest coal producers, dropped at least 2 percent as worsening air pollution spurred government plans to curb coal consumption. China Life Insurance Co. tumbled 3.9 percent, reducing gains in the past month to 14 percent, while Ping An Insurance Group Co. retreated 3.4 percent.
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Zhang Shidong, Bloomberg News via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/FnVjzDovg7M/
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