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Old 01-22-2016, 06:25 AM
InstaForex Gertrude InstaForex Gertrude is offline
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China to look after stock traders, says Li

China assures stock market investors the country will uphold their interests to ensure speculators won't benefit at their expense, and that the government is willing to intervene, if necessary. Vice President Li Yuanchao said the administration would improve regulation in order to curb volatility, saying the Chinese market is not yet mature. Both the Hang Seng China and the Shanghai composite indices have wiped out over 15% this year even though the People's Bank of China injected cash into the system to bolster the economy and pull down borrowing costs.


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