China stocks regain footing after state-backed intervention

Despite strongest week in 15 months, foreigners remain wary of slowing growth

20240210N China stocks

China's state-backed institutions have poured money into the market through the purchase of exchange-traded funds. © Reuters

KENSAKU IHARA and KAE YOSHII, Nikkei staff writers

HONG KONG/TOKYO -- Chinese stocks are showing signs of bottoming out as the government steps in to bolster the market, but concerns over the economy's slowing growth persist among overseas investors.

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