Business
China Deploys a ‘National Team’ of Investors to Keep AI Stock Boom in Check
When the Dow Jones Industrial Average crossed 50000 for the first time this month, President Trump celebrated and predicted it would be double that by the end of his term.
In China, officials have had a different reaction to the country’s own stock-market boom. A group of state-linked investors has stepped in, unloading holdings to cool things down.
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