"Growth momentum is now slowing with policy responses constrained; a nasty combination," writes...

|By:, SA News Editor

"Growth momentum is now slowing with policy responses constrained; a nasty combination," writes JPMorgan's Adrian Mowat, downgrading Chinese shares to underweight. Shanghai fell 1.7% overnight, putting its decline at about 8% over the last month. FXI -1.4% premarket.