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Chinese Premier Faults Regulators' Handling of Stocks, Yuan Rout

  • Li cites regulators' sluggish moves, management problems
  • Government was right to intervene to `defuse some bombs'
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China Steps Up Support for Its Economy

Bloomberg News
Updated on

Chinese Premier Li Keqiang took the nation’s financial regulators to task for the way they handled a rout in stocks and the yuan, making him the most senior official to date to fault the response to the turmoil.

QuickTake China’s Pain Points