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China Steps In to Rescue Stocks, But the Market Continues to Fall

✇NYT - Home Page
By: Alexandra Stevenson and Murphy Zhao
The Communist Party uses a “national team” of state-owned investment funds to stem the market rout. But this time, investors are not sure it will work.

© Florence Lo/Reuters

President Xi Jinping of China has convened senior leaders to set the government’s agenda, but the economy is likely to take a back seat to politics.
↗️

China Steps In to Rescue Stocks, But the Market Continues to Fall

✇NYT - Business
By: Alexandra Stevenson and Murphy Zhao
The Communist Party uses a “national team” of state-owned investment funds to stem the market rout. But this time, investors are not sure it will work.

© Florence Lo/Reuters

President Xi Jinping of China has convened senior leaders to set the government’s agenda, but the economy is likely to take a back seat to politics.
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