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Xi Jinping's crackdown on "illegal securities activities" has even stoked distrust on Wall Street, traditionally filled with China optimists. (Nikkei montage/Reuters/Xinhua/Kyodo)
China up close

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KATSUJI NAKAZAWA, Nikkei senior staff writer | China

Katsuji Nakazawa is a Tokyo-based senior staff writer and editorial writer at Nikkei. He spent seven years in China as a correspondent and later as China bureau chief. He is the 2014 recipient of the Vaughn-Ueda International Journalist prize for international reporting.

TOKYO -- It has been a tumultuous month for the Chinese capital market. First, ride-hailing giant Didi Chuxing went public on the New York Stock Exchange on June 30.

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