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Browse: Home / 2015 / July / 07 / As China suspends reality, sit tight: James Saft | Reuters

As China suspends reality, sit tight: James Saft | Reuters

By Securities Docket on July 7, 2015, 8:53 am

With the Shanghai Composite Index having fallen close on 30 percent since June 12, Chinese authorities initiated a series of supporting measures, culminating with an announcement on Sunday that the central bank would provide unlimited, open-ended financing to a state-backed margin financing company for on-lending to those wishing to buy shares.

via As China suspends reality, sit tight: James Saft | Reuters.

Posted in Global | Tagged China

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