China’s major stock indexes slumped more than 6 percent to 8-month lows in early trade on Tuesday before paring losses, after a catastrophic Monday that destabilized financial markets around the world. By 0200 GMT (10 p.m. ET Monday), the CSI300 index .CSI300 was down 4.4 percent at 3,132.26 points, while the Shanghai Composite Index .SSEC Shanghai composite lost 4.8 percent to 3,057.04 points. Chinese stocks plunged more than 8 percent on Monday in panic selling, with flagship indexes smashing key support levels and posting their biggest one-day percentage losses since the height of the global financial crisis in 2007. Stock futures pointed to expectations of further losses. China CSI300 stock index futures CIFc1 for September fell 2.6 percent to 3,053.4, 78.86 points below the current value of […]