China's stocks sink on fresh US trade war salvo
By Samuel Shen and Summer ZhenHONG KONG/SHANGHAI (Reuters) -China stocks fell sharply in volatile trade on Monday as a renewed trade war between Washington and Beijing hit risk appetite and spurred profit-taking, pulling shares from their decade highs.The blue-chip CSI300 Index declined 1.8% and the Shanghai Composite was down 1.3% by lunch break. In Hong Kong, the Hang Seng benchmark slumped 3.5% and the Hang Seng Tech index lost 4.5%.Defying the broader selloff, however, China's rare earth sector, which is at the centre of revived trade tensions, jumped more than 4% to a record high in the m…