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China Stocks Struggle

While China rescued the day yesterday by supposedly talking with Italy about making an investment in the country, its own equity market continues to struggle.  While the US gained yesterday and is up once again today (at the moment), China's Shanghai Composite fell 1.05% for its third straight day of declines.  As shown below, the index has fallen back down to its 2011 lows in recent days, and it remains in a nasty long-term downtrend.

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