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China blames short sellers, foreigners for stock-market rout

Analysts say China's longest-ever bull market pushed valuations to unsustainable levels

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The stock-market rout in China erased US$3.2 trillion of value in three weeks - or almost US$1 million for each minute of trading - on mainland exchanges.

Shanghai 

RUMOUR-SPREADING short sellers and foreign investors with a hidden agenda. If you believe China's state-run media, those are some of the key culprits for a stock-market rout that erased US$3.2 trillion of value in three weeks - or almost US$1 million for each minute of trading

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