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Chinese stocks tumble again, ignoring Beijing's blandishments| Reuters

Jul 03, 2015    

SHANGHAI China stocks fell sharply again on Thursday, fighting off fresh moves by regulators to restore confidence and raising questions about how much more firepower Beijing can bring to bear before a full-scale panic sets in.Shanghai's benchmark share index crashed below 4,000 points for the first time since April - a key support level that analysts said had been seen as a line in the sand that Beijing had to defend, below which more conservative investors would start ejecting from their leveraged positions, widening the rout.Chinese markets, which had risen as much as 110 percent from Novem...

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