Russia plays down risk from Chinese stock fall

Ufa, Russia • Russia says it does not expect to feel economic instability due to the sharp fall in Chinese stock markets. Hundreds of Chinese companies have suspended trading as their shares plummet in value, with the benchmark Shanghai Composite Index down by more than 30 percent since early June. Russia has sought a major expansion of trade links with China in recent years. Still, Russian Economic Development Minister Anton Siluanov said he expected “no catastrophes” for Russia as a result of ...

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