ASEAN markets grow cautious as China's property crisis worsens

Investor sentiment weakens as fears of further economic slowdown mount

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Investors consider that China’s rate cuts are small and will only help the economy modestly amid the ongoing property turmoil. © Reuters

TSUBASA SURUGA, Nikkei staff writer

SINGAPORE -- Southeast Asian shares fell on Friday as investors' confidence chilled in light of fresh turmoil from the Chinese property market, amid fears of a further slowdown in the second largest economy that could weigh on the region's trade and tourism.

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