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US Urges China to Sustain Reform Despite Market Plunge

U.S. Treasury Secretary Jack Lew said he does not see the Greek debt crisis or China’s market volatility as direct threats to the U.S. economy, but he nevertheless urged China to maintain its pace of economic reform. Also, days before a European Union summit on Greece, Lew 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...

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