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China Reality Check: Stocks Are Still Too Expensive for Mobius

Traders Magazine Online News, July 13, 2015

Kyoungwha Kim

Chinese shares have tumbled faster than any of their global peers, suffered the first bear-market retreat since 2012 and erased more value in a month than the annual economic output of the U.K. yet for one major buysider, prices still haven't fallen far enough.

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