China's High Flying Rally Faces a Serious Crisis of Confidence

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SSE A SHARE INDEX (INDEX:000002)

INDEX:000002 SSE A SHARE INDEX

The Shanghai Composite - the best performing equity index this year and the past few years cumulatively - suffered a painful loss this past week. It is so far only 48 hours of trouble, but can a market built on exuberant speculation stand up to crises of confidence?

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