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Chinese stocks
hit nine-month lows and the yuan tumbled on Monday, as efforts
by authorities to revive demand failed to excite investors who
are becoming less confident in Beijing s ability to.
SHANGHAI: Chinese stocks hit nine-month lows and the yuan tumbled on Monday(Aug 21), as efforts by authorities to revive demand failed to excite investors who are becoming less confident in Beijing's ability to restore momentum in the economy. A smaller-than-expected cut in a key lending benchmark dis