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Brokerage CICC said in a research note that a more stable performance, expected growth in valuations and improving fundamentals are the major reasons why investors have been favoring A shares in recent months.

Brent crude oil, a global benchmark, to .78 a barrel — down more than 50 percent since the start of the year. Oil is seen as a gauge of future economic activity. The continued slide suggests investors anticipate a worldwide economic slowdown.

Brazil's stocks and currency extended gains after the stabbing as traders bet the incident could boost support for Bolsonaro, who has tapped a University of Chicago-trained banker as his main economic adviser.

Britain has strengths that are useful to China, and can benefit from China's certain capacities when both sides collaborate.

Bruce Hirsh, principal of Tailwind Global Strategies LLC and a former assistant USTR, expressed that imposing tariffs will be difficult now compared with the 1980s, because the economies are so integrated.