China Stocks Lead Asia Lower

Asian shares declined in early trade on Tuesday, as Greece’s debt talks and the upcoming two-day Federal Reserve meeting sapped risk appetite.

In China, the move by securities regulators last Friday to limit the size of the country’s margin trading and short selling by law for the first time, alongside a raft of initial public offerings due this week, took a toll on markets.

Overnight, Wall Street handed down an unimpressive lead. The Dow Jones Industrial Average closed down 0.6 percent, while the S&P 500 and Nasdaq Composite dropped 0.46 and 0.42 percent, respectively.