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The Chinese stock index Shanghai Composite fell to a one-year low. Now it is preparing to test the 18th support line. Bloomberg strategists call it "the line of destiny", because the test results may determine the dynamics of the Chinese stock market for the long term. "The line of destiny" was not breached during the 2014 recession, nor during the start of the U.S.-China trade war under Trump, nor during the pandemic.

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