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China reached out to Fed for advice in halting stock market decline

Discussion in 'Fundamental Analysis' started by ForexLive, Mar 21, 2016.

  1. ForexLive

    ForexLive Forum Member

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    PBOC emailed Fed on July 27 Reuters earlier that the PBOC asked the Fed for 'urgent assistance' and wanted to draw on the Fed's experience in dealing with the 1987 Black Monday crash.

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