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Why a Chinese stock bailout fund might not work this time

By William Pesek , contributing editor | 24 October 2023 | 5 minutes read

As the rout in Chinese assets puts Asia’s largest economy in the headlines for all the wrong reasons, Beijing is mulling a familiar strategy: rolling out a giant stock-buying fund to support markets. Yet it might not work this time as the financial cracks undermining shares deepen. Private bankers are on the frontlines of China’s economic downshift. As 2023 began…

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