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Slipping Industrial Growth Paints Bleak Picture for China Stocks

The short-term future of China’s stock markets appears dismal, with industrial profits shrinking and an overwhelming majority of companies saying they will not invest additional sums in their business in the second half of 2015. The Shanghai Composite Index has lost more than 40 percent since its high point in early June. The market lost about 8 percent last week, even though it saw a small recovery on the last day. The Shanghai index dipped again, closing 0.8 percent lower at 3,205.99...

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