A tale of two markets: Wall Street cheers record highs while Beijing deflates bubbles
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Source: South China Morning Post
Published: 2026-07-28 08:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business, Education, Asia, Economy & Finance, China, Financial Markets, Business & Economy, Asia Pacific
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Snippet:
Analysts say China’s risk-averse financial policy is diverting capital to Wall Street, advising the building of ‘good bubbles’ to promote growth
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