After Sell-Off, Chinese Stocks Back at a Record – David Barboza

From The New York Times:

After a huge sell-off here just a few weeks ago that helped set off a drop in global financial markets, China’s has rebounded and rose to a record Wednesday.

Many investors say the sell-off on Feb. 27, when the Shanghai composite index plunged 8.8 percent, was simply a temporary setback in a galloping bull market.

After that drop, which pushed the index down to 2,771.79, share prices plunged around the world, including a 416-point drop in the Dow Jones industrial average in New York.[Full Text]


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