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China stems stocks rout, but market faces lengthy hangover
Published Thu, Jul 9, 2015 · 09:50 PM
Shanghai
BEIJING'S increasingly frantic attempts to stem a stock market rout were finally rewarded as Chinese shares bounced around 6 per cent on Thursday, but the costs of heavy-handed state intervention are likely to weigh on the market for a long time.
The rebound came after…
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