China stocks tumble despite positive economic data

By Pete Sweeney SHANGHAI (Reuters) - The stock market recovery that began in China last week after a slew of government steps to halt a crash ran abruptly out of steam on Wednesday, with markets dropping sharply in afternoon trade despite surprisingly positive economic data. CSI300 stock index futures for July fell 5.1 percent, to 3,796.8, 129.74 points below the underlying index, while the small cap CSI500 index saw many contracts near their maximum 10 percent daily downside limit. "Sentim