Rolling coverage of the latest economic and financial news, as Greece’s new PM faces a daunting task implementing the country’s new bailout deal * Introduction: Greek politics, VW scandal * Who might get into Tsipras’s new cabinet? * George Osborne: UK mustn’t run away from China 8.21am BST GEORGE OSBORNE IS NOW FIELDING QUESTIONS ABOUT HIS TRIP TO CHINA, ON RADIO 4’S TODAY PROGRAMME. He’s defending his decision to build closer ties with Beijing. Osborne defends govt engaging with China despite worries over human rights 8.13am BST GEORGE OSBORNE’S calming words went down well with Chinese traders. The Shanghai index just closed, up almost 1%. After @George_Osborne started talking here, the Shanghai stock exchange hit a new intraday high. Just saying pic.twitter.com/rJj04RGTzZ Continue reading...
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