Investors spooked by a slowing Chinese economy last week pulled $1.5 billion out of Chinese equity funds tracked by EPFR Global -- the largest amount ever for this time of year.
The Boston-based fund tracker attributed the decline to worries over the Chinese government's ability to shore up the economy and implement promised reforms without triggering a dramatic deceleration.
China's top leaders have pledged financial reforms that would give market forces more influence MORESophia Yan - Mar 24, 2014 2:37 AM ET
|CNN's Alisyn Camerota: Roger Ailes sexually harassed me|
|Stores are closing at an epic pace|
|Stocks soar on French election, Trump tax cut hopes|
|LafargeHolcim: CEO resigns following investigation of Syria payments|
|Jimmy Choo (the company) is now on sale|