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Stocks climb as US Senate calls for more say on tariffs

By Cai Xiao and Zhou Lanxu | China Daily | Updated: 2018-07-13 07:38

Stocks on the Chinese mainland rose on Thursday, reversing Wednesday's slump, as the US Senate overwhelmingly passed a resolution curtailing US President Donald Trump's power to impose tariffs and China's central bank set a stronger daily currency fixing than traders had expected.

The Shanghai Composite Index climbed 2.16 percent at the close to 2837.66 points, notching up its second 2 percent plus move this week.

The Shenzhen Component Index closed 2.77 percent higher at 9273.61 points. The ChiNext Index, which tracks China's growth enterprises board, jumped 3.30 percent to close at 1614.63 points.

Stocks climb as US Senate calls for more say on tariffs

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