China: further attempts to stop the stock market crash

You really only do that when the economy is booming: the Chinese government is trying to stabilize the stock market, which has been crashing for months, and is now providing subsidies amounting to 278 billion dollars, after having already partially banned short selling and instructed funds to stop selling. for months we have been observing massive outflows of funds from abroad from the Middle Kingdom, which also indicates a continuing repressive policy and increasing weakness of the economy. China must do its homework if international investors are to put the country back on the buy list.

https://www.bloomberg.com/news/articles/2024-01-23/china-mulls-stock-market-rescue-package-backed-by-278-billion?cmpid=socialflow-twitter-business&utm_campaign=socialflow-organic&utm_medium=social&utm_source=twitter&utm_content=business

#China #stocks #stockmarketcrash

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