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Investors Edgy as Chinese Stocks Fall Again

Fears that growth in the world's second largest economy is falling off more sharply than predicted have pushed down commodity prices on metals and oil.

Investors around the world are increasingly jittery about the economic slowdown in China. Fears that growth in the world's second largest economy is falling more sharply than predicted have pushed down commodity prices like metals and oil. And it's been a turbulent time for Chinese stocks. The benchmark Shanghai share index plunged more than 6% on Tuesday, the biggest drop in three weeks. Investors may be nervous but for some in corporate America it's good news. Chief Financial Officer of Ford, Bob Shanks, has welcomed the fall in commodity prices.

India's government has recently launched a massive digital campaign to get the Internet to as many as 250,000 villages by the end of next year. The scheme will cost around 18 billion dollars. But how does being online really change things for people living far away from the big cities? Yogita Limaye went to Malegaon, a village 250km north east of Mumbai which got access to the internet last year, to find out.

If you could live anywhere, where would you choose to be in the world? According to a new report from The Economist Intelligence Unit, Europe's cities have become a bit less liveable because of growing security concerns over the past 12 months. We're going to hear from three of the cities that have been singled out by this global liveability survey Kiev, Athens and Melbourne.

We'll discuss all this and more with our guests food blogger and cook Shrimoyee Chakroborti who is in Mumbai and Nova Safo, from our US partner station Marketplace, in Chicago.

(Photo: Investors monitor screens showing stock market movements at a brokerage house in Shanghai on August 18, 2015. Credit: Johannes Eisele AFP/Getty Images)

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55 minutes

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  • Wed 19 Aug 2015 00:06GMT

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