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China Warns of Investor 'Panic' as Stocks Plunge Again

Chinese stocks continued to tumble Wednesday, prompting Beijing to warn of a "panic sentiment" by investors and unveil a series of desperate new measures to stop the three-week slide. Concern over the plunging Chinese stock values spread to the U.S., where major markets were off one percent in mid-day trading. But European stocks gained as investors held out hope the Greek debt crisis might be resolved after Greece promised to produce a detailed economic plan by Thursday. In...

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