G7 intervention boosts markets
By Zhang Shidong | China Daily | Updated: 2011-03-19 07:47
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The booth of Sany Heavy Industry Co at an equipment expo in Shanghai. On Friday, shares of Sany Heavy rose 7.59 percent, the most in three weeks. Provided to China Daily |
SHANGHAI - Stocks on the Chinese mainland rose on Friday, as the Group of Seven nations intervened in the foreign exchange market to support Japan, and as reconstruction spending prospects lifted the profit outlook of metals companies.
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