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Chinese shares slump 6% as Beijing tries to reassure markets ahead of G20

Discussion in 'Market News' started by Lily, Feb 25, 2016.

  1. Lily

    Lily Forum Member

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    Oil prices and Chinese stocks skid despite expectation that finance ministers from leading powers could announce stimulus measures at Shanghai summit

    The Chinese leadership has tried to reassure other governments and the financial markets that they support more transparent decision-making and understand the impact Beijing’s policies can have on the fragile global economy.

    Related: The truth behind China's exchange rate delusion

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