Chinese stocks are again down, a day after their worst plunge since 2007 caused market losses around the world. The global sell-off was driven by fears that China's slowing growth might pull down other economies. The benchmark Shanghai Composite fell 6% on Tuesday, after dropping 8.5% on what state media called "Black Monday" - overnight, stocks in Europe and the US also fell. Other Asian markets opened lower on Tuesday, but recovered in later trade. Investors are worried that firms and countries which rely on high demand from China - the world's second largest economy and the second largest importer of both goods and commercial services - will be affected by its slowdown, according to BBC.
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