chinese stock market falls to 19 month low

TOKYO, Aug 12 (Reuters)

China's main stock index tumbled more than 5 percent to a
fresh 19-month low on Monday, hit by concern about slowing
economic growth and rising producer price inflation, which
threatens to squeeze corporate profit margins. [.SS]

"There's a concern about the economy, not only in China but
also in other emerging countries," said Yoshinori Nagano, chief
strategist at Daiwa Asset Management.

"I'm not sure if the end of the Olympics will have anything
to do with it, but investors are certainly concerned about the
tumble in stock prices," he said.

But he added that as a whole investors are taking a
wait-and-see stance on whether U.S. stocks will continue to
rebound and Chinese stocks will stop falling.