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Earnings Show China's Economy Remains In A Downward Spiral

Tyler Durden's Photo
by Tyler Durden
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By Charlie Zhu and Helen Sun, Bloomberg Markets Live reporters and strategists

Three things we learned last week:

1. Corporate earnings show the China economy is nowhere close to bottoming out. From e-commerce giants to mega banks, profit disappointments have weighed on stocks, prompting the authorities to step up efforts to support the market.

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