Chinese stocks edged lower on Thursday as expectations of policy support failed to offset persisting worries over economic growth. ** The Shanghai Composite index ended nearly flat at 2,464.36, while the blue-chip CSI300 index fell 0.2 percent. ** The People's Bank of China said on Wednesday evening it had relaxed its conditions on targeted reserve requirement cuts to benefit more small firms. The move came after China reported its first factory activity contraction


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Reuters

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