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Bulls in China optimistic

By Eunice Yoon
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(CNN) -- While global markets tumble, investors such as Tony Yeung in Hong Kong are betting that China "will be the first to recover from the global crisis."


He's not alone. The Shanghai composite is at a seven-month high -- up 30 percent this year compared to New York and London exchanges, down 8 percent and 10 percent, respectively.

China's $2 trillion in cash reserves, $600 million stimulus package and its command economic system are stoking optimism that China is on a fast track toward recovery.

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