“Stock markets in London, Paris and Frankfurt have fallen sharply as fears of a Chinese economic slowdown continue to haunt investors. London’s FTSE 100 index was down by 4% in early afternoon trade, with major markets in France and Germany down by 4.6% and 4.4% respectively. Shares in Asia were hit overnight, with the Shanghai Composite in China closing down 8.5%, its worst close since 2007. Global investors worry about growth in the world’s second largest economy.”
Source: FTSE 100 and European markets rattled by losses in China – BBC News