China stocks down but more resilient than peers in virus sell-off
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SHANGHAI (Reuters) - Effective containment of the coronavirus outbreak and the promise of policy stimulus have led to Chinese stocks faring better than their global peers this year, even as foreign investors pull out of the market.Foreign portfolio outflows from mainland markets are set to hit a monthly record, with investors rushing for the safety of U.S. dollars as global equities markets tumble.As of Tuesday, the S&P500 index and the MSCI world price index have both slumped nearly 30% since..