China’s Intervention Lessons
China’s stock market has been a hot topic since the summer, when a rapid rise gave way to a major plunge, triggering a global equities sell-off. The question now is what can and should be done to prevent further volatility – and whether Chinese officials are prepared to do it.
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BEIJING – China’s stock market has been a hot topic since the summer, when a rapid rise gave way to a major plunge, triggering a global equities sell-off. The question now is what can be done to prevent further volatility.