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Stabilising China's stock market seen as major test for Xi

Tackling the market rout will require more than the strongman approach Mr Xi has so far employed to consolidate power.

Hong Kong

FOR Chinese President Xi Jinping, mission No 1 has been preserving Communist Party rule. That now means stabilising the stock market.

Mr Xi's government rushed out an unprecedented series of measures in recent days to halt a sell-off that wiped out US$3.2 trillion in...

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