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Investor doubts about China deepen stock rout
Investor doubts about China deepen stock rout
A major Chinese stock market benchmark fell to its lowest level in more than four years, signaling deep pessimism among the country’s global and domestic investors.
The CSI 300 index, made up of shares of the most valuable companies listed in Shanghai or Shenzhen, fell 1% on Monday to a closing level last seen in February 2019. This is a fourth day consecutive decline for the benchmark index, which has lost more than 10% this year.
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