China’s mutual funds declined $19.6 billion in the first six months of 2011, Economic Times reports. The funds lost $68.91 billion in the fist half of 2010. Stocks-oriented funds lost $12.365 billion and the funds that invested just a part of their funds in stocks lost $7.5 billion. China’s benchmark the Shanghai Composite Index fell 1.6% in the first half of 2011, compared to 27% in 2010.
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