China shares slide 8.5% 

Chinese shares are continuing to fall sharply as concerns over the country’s slowing growth and volatile markets leads to panic among traders

SHANGHAI COMPOSITE INDEX
5,500
5,000
4,500
4,000
3,500
3,000
Jan 2015 Aug

Jun 12: 5,166.35

Close: Down 8.5% – worst since 2007

Aug 24: 3,209.91

London’s FTSE 100 index falls 2.5% on hearing news

Major markets in France and Germany also open down by more than 3%

Source: Wire agencies