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China unleashes US$483b margin trader to stem stock rout

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China has created what amounts to a state-run margin trader with US$483 billion of firepower, its latest effort to end a stockmarket rout that threatens to drag down economic growth and erode confidence in President Xi Jinping's government.

Beijing

CHINA has created what amounts to a state-run margin trader with US$483 billion of firepower, its latest effort to end a stockmarket rout that threatens to drag down economic growth and erode confidence in President Xi Jinping's government.

China Securities Finance Corp (

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