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Good day to you. Chinas stocks have slumped from the highest level in three weeks. The benchmark index sank6 following concerns that the government will pare back efforts to prop up the equity market. After a drop in Interest Rates and removal of property restrictions. Economics chief asia correspondent is in hong kong. Mini rout . Ket is this the rerun of a big run . Enda it is early days to tell whether we are going for another. Its certainly a correction. It has come about because we had some good numbers today. We had some data. That is interesting when you consider the big stock markets we had in june. It kind of illustrates perhaps the net effect on wealthy Consumer Confidence with what was much less than people anticipated. We will need to see more durable prices before calling a turn in the housing sector and before calling a turn in the economy. Francine what does it mean for the wider economy . How much can we read into this . Enda one of the recent stocks fell today was peop
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