China Steps In to Rescue Stocks, But the Market Continues to Fall NYT - Business By: Alexandra Stevenson and Murphy Zhao 27 October 2026 at 14:15 The Communist Party uses a βnational teamβ of state-owned investment funds to stem the market rout. But this time, investors are not sure it will work. Β© Florence Lo/ReutersPresident Xi Jinping of China has convened senior leaders to set the governmentβs agenda, but the economy is likely to take a back seat to politics.