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China’s central bank will cut the amount of cash some lenders must hold as reserves, unlocking about 700 billion yuan ($108 billion) of liquidity, as it seeks to control leverage and support smaller companies.

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The “National Team” is a group of institutional investors that was formed after a sharp Shanghai Composite index correction in 2015. The team could step in again soon as the US-China trade war escalates, analysts say.  Follow the Shanghai Composite Index in real time here.

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