Signaling the growing alarm, China abruptly ousted its market chief Yi Huiman on Wednesday, rolling out another hallmark of the near decade-old blueprint to boost stocks.
CHINA’S efforts to arrest a $7-trillion stock market rout are evoking memories from 2015, when Beijing took drastic steps to stem a crash. This time, investors say, the problems are much more entrenched. Authorities have snapped into crisis mode to support China’s tumbling markets, taking aim at short-sellers and freeing…
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