A view of the city skyline, ahead of the annual National People's Congress , in Shanghai, China February 24, 2022. REUTERS/Aly Song/File Photo
China's stock benchmark CSI 300 lost 21.6 per cent in 2022 and so far this year is down 7.4 per cent.
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China fund houses rush to buy own products, call market bottomSHANGHAI : China's mutual fund companies are rushing to buy their own stock products - a signal that could stabilise sliding markets amid strong outflows and a sluggish turn in the economy.
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China industry minister: industrial economy stabilises, NEV shines in Jan-Sept periodSHANGHAI : China's industry minister said the country's industrial economy stablised and recovered in the first three quarters of 2023 and the new energy sector, such as electric cars, shined.
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