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China's Share-Rescue Measures Draw Mixed Reaction

Stock markets in mainland China had a volatile day of trading Monday following government steps aimed at halting a three-week slide. Chinese stocks have lost about $2.7 trillion since June 12, shaking investor confidence at a time when China’s economy is already slowing. Xiao Gang, chairman of the China Securities Regulatory Commission, vowed to maintain the stock market’s stability Saturday morning, setting off a series of measures by state-backed entities aimed at reassuring...

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