China stocks hit multi-year highs to close out 2020 ...Middle East

China stocks rose to multi-year highs on the last trading day of 2020, as investors cheered a Sino-Europe investment deal and Beijing's policy support for its capital markets. The blue-chip CSI300 index closed up 1.9%, at 5,211.29, the highest level since June 15, 2015 while the Shanghai Composite Index gained 1.7% to 3,473.07, its highest since Feb. 5, 2018.

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