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Chinese stocks suffering massive foreign exodus

Bloomberg Foreigners bought the least amount of Chinese domestic shares this year after a selloff in the world’s second-largest stock market amid stringent Covid-19 restrictions and a housing slump. Overseas investors have purchased a net 87 billion yuan ($12.5 billion) of stocks in Shanghai and Shenzhen so far this year through trading links with Hong Kong. That’s about a fifth ...

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Oil rises as China loosens virus curbs, US freeze hits refining

  Bloomberg Oil climbed as China took more steps to unwind its Covid Zero policy and freezing weather across the US prompted refinery closures in the vital Texas Gulf Coast area. West Texas Intermediate traded near $80 a barrel after Beijing announced it will no longer subject inbound travellers to quarantine from early January, the latest step in the dismantling ...

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Sheikh Mohamed, Mauritanian President discuss bilateral ties

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Tuesday discussed, during a telephone conversation, with Mohamed Ould Ghazouani, President of Mauritania, the bilateral relations between their countries, and the prospects for boosting cooperation to serve the interests of their countries and peoples.

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