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China Stocks Near Four-Year Low as Support Attempts Lack Punch

China Stocks Near Four-Year Low as Support Attempts Lack Punch

China’s policy makers are stuck with the most bearish equity market in years as their attempts to lift sentiment fail to gain traction. The benchmark fell 0.3 percent to 2,656.11. Just three weeks ago, state-backed funds purchased stocks in a move that helped trigger a two-day bounce after the benchmark first dipped below its 2016 closing low.