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Many European bourses dropped to five-year lows and the Nasdaq came close to five-year lows.
If the exercises get too threatening, that could send Asian markets into paroxysms - just when the region's bourses are giving up gains from earlier this year.
‘But in the long term, there is probably room for just two or three,’ says the CEO of one of Germany's small regional bourses .
One strategy authorities are pursuing to strengthen Chinese bourses is to allow in foreign investors.
Europe's bourses were rocked, and shareholders realized more than ever that bad governance costs them money.
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