On Wednesday in China:ICYMI - PBOC to cut reserve requirement ratio by 50bp from 5 FebruaryThere have been further supportive efforts over past days:China mulls stock market rescue package backed by $278 bnChinese authorities have 'asked' funds to restrict short selling stock index futuresChinese shares have risen from their lows and have sustained the gains, added to them, so far today. Hong Kong's Hang Seng is up around 0.6% while the Shanghai Composite is up around 1.2%: This article was written by Eamonn Sheridan at www.forexlive.com.
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