Everything China’s doing to rescue its battered stock market
From Moneyweb:
Chinese stocks have struggled post-Lunar New Year, prompting Beijing to take action. A rate cut aims to boost housing demand amid deflation and a property slump. Officials are working to stabilize the $7T stock rout and support the economy. State funds continue buying shares as regulators implement measures to restore market confidence.
Read more at Moneyweb: Everything China’s doing to rescue its battered stock market