European and US stocks rebounded on Tuesday despite the continued sell-off in China that saw the Shanghai Composite Index lose another 7.6 percent.
By close of play London was up just over three percent, Paris rose just over four percent and the Frankfurt DAX put on just under five percent.
Still hoping to influence the markets through intervention Beijing cut the main interest rate by a quarter point to 4.6%, but it failed to stop the sell-off.
"We have to add that market growth has been hu…
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