"China's market disasters share a common and dispiriting cause," Arthur Kroeber, head of research at Gavekal Dragonomics, wrote in a research note.
"This cause is not ... that China is on the brink of an economic or financial collapse and its leaders have begun to panic... At root, the difficulty is that the Communist Party seems uninterested in setting a clear course toward a more market-driven economy."More in Reuters.
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