LONDON — Europe and Asia dragged world equity markets lower on Monday as concerns about slower growth in China prompted investors to cut their risks.The dollar slipped against major currencies after expectations for continued monetary support from the Federal Reserve kept the benchmark 10-year yield near last month’s six-month low.Shanghai shares hit a three-week low as Beijing unveiled new regulations that tighten its grip on interbank lending to defuse risks among "shadow" nonbank financial firms that act like banks. Fresh data also added to evidence of a cooling property market."Markets think any weakness (in the Chinese economy) from here will be met with policy response from the authorities," said Manik Narain, strategist at UBS."But there is room for China to disappoint so far. Weakness has been limited."The benchmark MSCI world equity index fell 0.1% while European shares lost 0.4%. Emerging stocks outperformed their developed counterpart by rising 0.3%, approaching last week...
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