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China Accelerates Capital Market Reform to Counter Virus, U.S.

  • Steps include speedier IPO system, doubling share price limits
  • Officials want to help cash-strapped firms, insulate from U.S.
Cyclists ride along a road in Beijing.
Cyclists ride along a road in Beijing.Photographer: Giulia Marchi/Bloomberg

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Faced with the twin threats of a slumping economy and rising tension with the U.S., China is speeding up efforts to boost stock trading and open its capital markets.