China’s stocks fell to a seven-month low amidst concerns that a European debt crisis, lending curbs and a slowing Chinese economy could dampen commodities demand, Bloomberg reported. The Shanghai Composite Index dropped 51.23, or 1.8%, to 2,784.05 – the lowest since September 30. Jiangxi Copper (358.HK, 600362.SH) , retreating 5.4% to RMB31.65, and PetroChina (PTR.NYSE, 0857.HK, 601857.SH), dropping 0.8% to RMB11.88, led declines among raw producers following the largest fall in commodity prices in three months. Meanwhile, concern about increases in measures to reign in housing prices saw China Vanke (000002.SZ) and Poly Real Estate Group (600048.SH) – the nation’s two largest developers – decline 3%. Industrial and Commercial Bank of China(ICBC; 1398.HK, 601398.SH) also fell 1.3% on fears that loans will turn bad. Measures to prevent a property bubble have seen the Shanghai Composite Index fall 15% in 2010.