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    1. China's Stocks Plunge as State Intervention Fails to Stop Rout

      Bloomberg via Yahoo! FinanceJul 07 08:57 PM

      China’s benchmark stock index fell to a three-month low on concern a raft of measures to stabilize equities is failing to stop the bear-market rout as traders unwind margin bets at a record pace. PetroChina Co. and Industrial & Commercial Bank of China Ltd., the two biggest stocks, lost more than 3 percent. The latest attempts to stem declines, which include a wave of Chinese companies halting...

    2. China opens exhibition to mark the war victory over Japan

      Associated Press via Yahoo! NewsJul 07 07:20 PM

      BEIJING (AP) — China opened an exhibition of guns and photos of massacres to commemorate the World War II victory over Japan, part of a propaganda push to stir up nationalism by observing the 70th anniversary of the war's end in Asia with great fanfare.

    3. China stocks plunged in early trading on Wednesday, even as regulators struggled to contain a crisis that has wiped trillions of dollars off the country's stock indexes.

    4. China needs long-range strategic bomber: state media

      AFP via Yahoo! NewsJul 07 01:46 AM

      China needs to develop a long-range strategic bomber to strike adversaries farther away from its coast in the event of conflict, state media reported Tuesday, quoting defence experts. The title had previously been reserved for the military's Second Artillery Corps, which the paper described as China's "de facto strategic missile force". The meeting agreed that a long-range strategic bomber would...

    5. China Puts the Brakes on Commodities

      The Wall Street JournalJul 07 07:09 PM

      China is once again at the center of the commodities story, but not in a good way this time. The country’s stock-market slump and concern over Greece’s economic crisis have helped send commodities toward multiyear lows.

    6. China Securities Seeks at Least $80 Billion for Stocks

      Bloomberg via Yahoo! FinanceJul 07 08:15 PM

      China Securities Finance Corp. is seeking at least 500 billion yuan ($80.5 billion) in liquidity to support the stock market, according to people familiar with the matter. China Securities Finance is seeking liquidity from the People’s Bank of China and may also tap the interbank market, according to the people, who asked not to be identified because the move hasn’t been made public. The People...

    7. China Mobile, the country's largest wireless carrier, is asking top executives and their families to sign letters promising to help in the fight against corruption, the company said on Wednesday, as part of the government's battle against deep-rooted graft. China's anti-corruption investigators pledged earlier this year to begin scrutinizing China Mobile Ltd and China Telecom Corp Ltd after a ...

    8. China's securities regulator said there was "panic sentiment" in mainland stocks on Wednesday, as markets plunged further into bear market territory.

    9. China's securities regulator warned there was "panic sentiment" in mainland stocks on Wednesday, saying there had been a surge in "irrational selling" as markets plunged further into bear market territory.

    10. China's move to curb IPOs could endanger nearly $32B billion worth of go-private deals announced this year by Chinese companies planning to drop their U.S. listings.

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