China battles to shore up stocks, yuan after dive
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Shanghai
CHINA struggled to shore up shaky sentiment on Tuesday a day after its stock indexes and yuan currency tumbled, rattling markets worldwide, but analysts warned investors to buckle up for more wild price swings in the months ahead.
Stocks fell more than 2 per cent in early trade, prompting fears that exchanges were set for a second day of panic selling after a 7 per cent dive on Monday set off a new "circuit breaker" mechanism, suspending trade nation-wide for the first time.
