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Security is tight near the Ministry of Public Security in Beijing.

Old friends lead Xi's security team

KATSUJI NAKAZAWA, Nikkei senior staff writer | China

BEIJING -- A disquieting atmosphere gripped China earlier this month. Rumors were spreading that numerous individual investors were committing suicide after suffering heavy stock market losses.

     On July 8, China's stock markets were plunged into chaos, with the key Shanghai Composite Index tumbling as much as 8% at one point.

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