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A doping-related scandal involving the tainted Astana team of Tour de France champion Vincenzo Nibali marred the start of the Grand Boucle in Utrecht on Saturday. Late Friday night, news emerged that Astana's Dutch rider Lars Boom had returned a low level of cortisol in an unofficial test conducted by the Movement for Credible Cycling (MPCC) earlier this week. Under MPCC rules, which are not binding, Astana are obliged to stand down Boom for a period of eight days.
The rout in China's highly leveraged stock market has become a major worry for international investors, who fear a meltdown could further destabilize the global economy even as Greece risks crashing out of the European common currency. China stocks had more than doubled over the past year, fueled in large part by investors using borrowed money to speculate on further gains. The brokerages met on Saturday in Beijing to discuss the market situation and expressed "full confidence" in the development of China's capital markets, a statement on the website of the Securities Association of China said.