Financial Times FT.com

China rebounds to near record high

By Joanna Chung in Hong Kong

Published: March 19 2007 20:48 | Last updated: March 19 2007 20:48

China’s main share index on Monday rose to within striking distance of a record high – just three weeks after its biggest fall in a decade helped trigger turbulence across global markets.

The advance came in spite of a rise in Chinese interest rates during the weekend aimed at cooling the country’s booming economy.

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