The Shanghai Composite is up 5 per cent in late afternoon trading, putting it on track for its biggest gain since 2009.
The benchmark Chinese index is trading at around 3308, continuing its rebound from Monday when it closed at 3,116.35. Monday's rout was spurred by a regulatory crackdown on high-risk margin lending by the Chinese securities regulator. Mainland stocks began their recovery on Tuesday when it was announced that China's economy had expanded 7.4 per cent in 2014 - more than had been expected.
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