European shares sink after China hint on rare metals

(Reuters) - European shares slipped on Wednesday, as Chinese newspapers warned Beijing was ready to use its supply of rare metals in an increasingly bitter trade dispute with the United States, sending investors scurrying for perceived safe havens globally.The pan-European STOXX 600 index sank 0.9% by 0712 GMT with Frankfurt's DAX, typically sensitive to trade headlines, and Paris's CAC shedding 1% and 1.2%, each.Slowing growth concerns, stemming from a fears of a protracted trade war, have put..