Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Shanghai Got Slammed Last Night

Joe WeisenthalApr 23, 2013, 14:04 IST

It was an ugly night in China.

Flash PMI in April came in a whole point weaker than expected.

That confirms a string of weak data (as well as commentary from companies like Caterpillar) which shows that China is slowing down.

As such, the Shanghai composite got slammed last night, losing 2.57%.

Shanghai Stock Exchange via Bloomberg