China’s stock market plunged on Monday.
The Shanghai Composite Index fell 8.5 percent to 3,725.56 at the close, the biggest decline since 27 February 2007.
Recent economic data from China had been negative.
On Monday, a report showed that profit at China's industrial firms fell 0.3 percent in June from a year earlier, reversing a 0.6 per cent rise in May.
Data on Friday showed that China's factory sector contracted the most in 15 months in July as shrinking orders depressed output.
In recent weeks, China's stock market had been recovering after sufferring heavy losses in June and early July. The Shanghai Composite Index fell by a third in the latter period but had rebounded 16 percent since the low on 8 July.
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