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China is pumping billions of dollars into its markets to keep them stable – CNN
As coronavirus spreads, China is pumping billions of dollars into its markets to keep them stable
The Shanghai Composite opened 9% lower. The Shenzhen Component Index also plummeted 9% at open. Both are still down more than 7%. Stock exchanges in Shanghai and Shenzhen had been closed since January 24 for the Lunar New Year. Markets elsewhere fell sharply last week as fears about the virus escalated. More than 14,300 people …
