Eurozone crisis live: Spanish jobless total hits five million; Cyprus bailout talks resume Most of Europe's stock markets have fallen this morning, after the main Chinese indices suffered an alarming sell-off. Overnight the CSI 300 share index (which includes the biggest companies on the Shanghai and Shenzhen markets) slumped by 4.6%, its biggest daily fall since November 2010. The Shanghai Composite index shed 3.7%, with property companies the biggest fallers. The selloff was prompted by a new clampdown on speculators, and plans to force second home owners to pay higher interest rates and larger deposits Some traders also blamed an investigation into China's 'ghost towns' -- newly built residential areas where no-one actually resides -- by CBS News's 60 Minutes. It showed images of vacant shops, empty streets, and half-built apartments where work appears to have suddenly stopped - suggesting that the Chinese property bubble may be bursting.... Here's a video clip: And here's the situation in Europe: FTSE 100: down 24 points at 6353, - 0.4% German DAX: down 42 points at 7665, -0.5% French CAC: down 8.5 points at 3691, - 0.23% Italian FTSE MIB: down 146 points at 15528, -0.93% Spanish IBEX: up 22 point at 8210, +0.3%