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
|Tesla's new model as fast as a Ferrari or Porsche|
|Melania Trump threatens to sue news outlets|
|Jennifer Lawrence is once again the highest paid actress|
|Bill Gates is now worth $90 billion|
|Nobel prize winning economist Joseph Stiglitz calls TPP 'outrageous'|