China official urges calm as depositors again queue outside rural banks

Fear of slowdown in US and eurozone as China’s factories cut output
Manufacturing activity falls to lowest level in eight months as Beijing’s economic reforms start to bite. 

China official urges calm as depositors again queue outside rural banks
A Chinese county official appealed for calm among bank depositors in the eastern city of Yancheng on Wednesday as queues formed for a third straight day outside the branches of two small banks rumored to be in financial trouble.