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US Urges China to Maintain Reform Despite Market Plunge

U.S. Treasury Secretary Jack Lew does not see the Greek debt crisis or China’s market volatility as direct threats to the U.S. economy. On Wednesday, Lew nevertheless urged China to maintain its pace of economic reform. Days before a European Union summit on Greece, Lew also called on Greece’s creditors to give Athens a sustainable debt and growth path. Speaking Wednesday at the Brookings Institution think tank in Washington Lew said that while China’s markets are not fully integrated in...

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