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Markets recover after share dip

By Faisal Islam

Updated on 28 February 2007

Stock markets recover after falling in response to events in China and the United States.

Stock markets have recovered some of their value after falling across the world. The share price dip was triggered by events in China and the US.

The Chinese markets were hit first over fears that the government could tax share profits.

The American markets followed suit, influenced by former central banker Alan Greenspan's warning that the US economy could be heading into recession.

With today's partial recovery, the question now being asked is whether falling prices are just a correction to over-valued stock markets, or the start of something more serious.

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