The focus of stock-market angst in Asia has turned from Japan to China, where shares (FXI)...

|By:, SA News Editor

The focus of stock-market angst in Asia has turned from Japan to China, where shares (FXI) slumped 5.3% on continued fears about the cash crunch in the banking sector, as well as about the ending of the Fed's QE policy. While the PBOC stepped in on Friday to ease liquidity, today it said there's enough money in the markets. Elsewhere in the region, Japan -1.3%, Hong Kong (EWH) -2.2%, India -1.1%.