SHANGHAI -- China's stock market extended the world's worst slide on Thursday, falling to the lowest in four years as the yuan neared its weakest point in a decade. With U.S. interest rates rising close to those in China, investors have begun to brace for a capital flight toward dollar-denominated assets.
The benchmark Shanghai Composite Index sank 2.9% to close at 2,486, a level last seen in November 2014.
