Wednesday, May 30, 2007

Chinese stocks drop 6.5 percent

Chinese shares plunge 6.5 percent (AP)

An elderly investor takes a nap from monitoring the stock prices on a computer screen at a stock exchange in Chengdu, southwestern China's Sichuan province on Wednesday, May 30 2007. Chinese stocks plunged Wednesday after the government raised a tax on share trades, trying to cool a market boom amid growing concerns about a possible bubble. (AP Photo/Color China Photo)AP - Chinese stocks plunged Wednesday after the government raised a tax on share trades, trying to cool a market boom amid growing concerns about a possible bubble.


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