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Briefing
asia

China Seeks to Calm Investors After Policy Triggers Market Rout

By
Shai Oster
· · Source: The Wall Street Journal

China sought to reassure spooked investors that it wasn’t seeking to decouple from international markets after a crackdown on online tutoring sent China tech stocks crashing. Shares rose. Fan Xinghai, the vice chairman of China’s securities regulator, told global banks that Beijing would take into account market reaction before rolling out new policies, The Wall Street Journal reported. ...

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