The European STOXX 600 index closed down 0.6 percent, with the mining and luxury goods sectors exposed to China losing more than three percent each.
And revealed China announced a 10 trillion yuan ($1.40 trillion) package on Friday to address local authorities’ debt problems, disappointing investors who expected a financial uprising.
Most shares in French luxury goods companies fell, with LVMH shares falling 3.3 percent and Kering shares falling 8 percent.
The European index recorded weekly losses amounting to 0.2 percent, as investors await the possibility of imposing customs duties after Trump returns to the presidency of the United States.
