In China’s vision for a ‘powerhouse’ stock market, it’s slow and steady over boom and bust

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China’s high-level policymakers have reiterated the need to defuse financial risks and root out political corruption, two of President Xi Jinping’s long-term priorities, in the run-up to this year’s ‘two sessions’ – the annual meetings of the country’s top legislature and political advisory body. In this series, we take stock of how those efforts have progressed, and what remains to be done.When the Dow Jones Industrial Average closed above 50,000 points for the first time in early February, US...