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China's Problems Keep Piling Up With Trump, Economy, and Markets

  • Senior regulators seek to reassure investors after stock rout
  • ‘China is under pressure on multiple fronts,’ analyst says
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Yuan Outlook Is Stable, Lombard Odier's Gkionakis Says

Stock-market turbulence and a sharper-than-expected economic slowdown are ratcheting up pressure on China’s leaders, just as Donald Trump does the same.

A day after the Shanghai Composite Index plunged to a four-year low and Trump took new steps to escalate his trade war with Beijing, third-quarter growth figures showed China’s economy expanding at the weakest pace since the depths of the global financial crisis in 2009. Faced with a growing panic in the stock market, the chiefs of China’s market regulator, central bank and financial watchdog all issued statements calling for investor calm.