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Sign InChina’s stock market hasn’t been buoyed by AI exuberance; today, William examines the reasons it’s been left behind. … Also: Why China’s capital markets aren’t ready for prime time as President Xi claims. … And: French government bonds are under mounting pressure as investors lose hope that leaders will rein in chronic budget deficits. … France’s higher borrowing costs could weaken the broader Eurozone economy, putting the European Central Bank in a tough spot. It’s been tightening in response to oil price shocks.
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