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| Version 5 | Version 6 |
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| Chinese shares higher on back of global rebound | Chinese shares higher on back of global rebound |
| (about 4 hours later) | |
| Chinese shares have closed 5% higher after massive losses there earlier in the week rocked markets around the globe. | Chinese shares have closed 5% higher after massive losses there earlier in the week rocked markets around the globe. |
| The Shanghai Composite was up by 156.3 points to 3,083.59. | The Shanghai Composite was up by 156.3 points to 3,083.59. |
| But the turnaround does little to make up for the sharp losses seen so far this week. | But the turnaround does little to make up for the sharp losses seen so far this week. |
| Shares elsewhere in Asia also made gains after a jump on Wall Street on Wednesday, which saw its biggest rise in four years. | Shares elsewhere in Asia also made gains after a jump on Wall Street on Wednesday, which saw its biggest rise in four years. |
| In Europe, stock markets also rose. By midday, the FTSE 100 was up more than 2%, as were the main indexes in Paris and Frankfurt. | |
| The mood was lifted by remarks by US Federal Reserve official William Dudley, who said the case for a rate rise, which had seemingly been on the cards for September, now seemed "less compelling". | The mood was lifted by remarks by US Federal Reserve official William Dudley, who said the case for a rate rise, which had seemingly been on the cards for September, now seemed "less compelling". |
| In other Asian markets on Thursday: | In other Asian markets on Thursday: |
| Fears easing | Fears easing |
| Severe losses on the Chinese market over the past week had sent shockwaves around the globe. | Severe losses on the Chinese market over the past week had sent shockwaves around the globe. |
| A move by the country's central bank, the People's Bank of China, to cut its key lending rate on Tuesday initially failed to calm the Chinese market. | A move by the country's central bank, the People's Bank of China, to cut its key lending rate on Tuesday initially failed to calm the Chinese market. |
| Concerns about China's slowing economic growth have been rising for months with a constant trickle of poor economic data, the latest of which last Friday suggested that factory activity shrank in August at its fastest pace in more than 6 years. | Concerns about China's slowing economic growth have been rising for months with a constant trickle of poor economic data, the latest of which last Friday suggested that factory activity shrank in August at its fastest pace in more than 6 years. |
| Analysts believe the tentative share market rebound indicates fears over China's woes may have somewhat eased. | Analysts believe the tentative share market rebound indicates fears over China's woes may have somewhat eased. |
| Read more: The six Cs of the China stock slump | Read more: The six Cs of the China stock slump |
| The stocks fall in facial expressions | The stocks fall in facial expressions |
| Read more from our experts: | Read more from our experts: |
| Andrew Walker: China's slowdown and cheap oil | Andrew Walker: China's slowdown and cheap oil |
| Robert Peston: China's woes and a still flawed global economy | Robert Peston: China's woes and a still flawed global economy |
| Duncan Weldon: What next for the global economy after China market woes? | Duncan Weldon: What next for the global economy after China market woes? |