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October, 26, 2016

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China's market regulator said it will allow more types of financial institutions to invest yuan funds held offshore in domestic capital markets, in a long-awaited move to boost the stock market.
China on Wednesday denied U.S. accusations that the yuan was "significantly undervalued," after the Treasury said the unit's rise so far was "insufficient" but stopped short of labeling Beijing a currency manipulator.
A company that featured bikini-clad child models as young as 5 years old at a Chinese car show sought Wednesday to defuse the controversy but also defended its actions.
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