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More Foreign Cash Are Allowed_经济Business

  china plans to more than double the amount of foreign cash allowed in its us$350 billion share markets and suspends domestic initial public offerings (ipos) indefinitely.

  that has propelled stocks as much as 2.5 percent higher in monday trading.

  the government unveiled a series of initiatives to support bourses as it pushes a plan to sell more than us$200 billion in non-traded state shares.

  among other proposed market-boosting steps, the country also plans eventually to give its state-run corporations free rein to buy stocks.