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China is reportedly weighing measures to prop up its stock markets, could mobilize $278 billion

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China is reportedly weighing measures to prop up its stock markets, could mobilize $278 billion


China is reportedly considering a rescue package backed by offshore money to stave off a slump in its struggling stock markets, according to Bloomberg News. The report, citing people familiar with the matter, said Chinese authorities are aiming to get about 2 trillion yuan ($278 billion),…

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