Asian Stocks Extend Weekly Slide as Toyota Cuts Profit ForecastChina��s stocks fell, sending the benchmark index to the biggest loss in two weeks, on concern a slowdown in Asia��s largest economy will hurt earnings.

Anhui USTC iFlytek Co. sank 5.1 percent. Yanzhou Coal Mining Co. paced losses by commodity producers. Jilin Ji En Nickel Industry Co. retreated 5.8 percent.

The Shanghai Composite Index dropped 1.1 percent to 2,024.97 at the close in the biggest decline since April 28. Data on industrial output, retail sales and investment released this week all trailed analysts�� estimates. President Xi Jinping said last week that the nation needs to adapt to a œnew normal in the pace of economic growth.

The CSI 300 Index slid 1.3 percent. The Hang Seng China Enterprises Index retreated 0.3 percent.

Source : Bloomberg