Chinese beurzen dalen

China’s stocks fell the most in three weeks after JPMorgan Chase & Co. cut its growth outlook for the nation’s economy and concern grew the government is introducing more property restrictions to limit gains in housing prices.

China Vanke Co. led declines for developers after the 21st Century Business Herald reported Beijing tightened rules for the pre-sale of homes. Air China Ltd. (601111) slid 2.6 percent after Credit Suisse Group AG said Chinese airline traffic growth slowed last month. ZTE Corp. slumped 4.8 percent after the Wall Street Journal reported the European Union will seek to start a probe into alleged unfair trade practices by the telecom company.