Financial Times (August 31)
2015/ 09/ 01 by jd in Global News
“China’s government has decided to abandon attempts to boost the stock market through large-scale share purchases, and will instead intensify efforts to find and punish those suspected of “destabilising the market.” Many will appreciate the capitulation to market forces, but the prospect of a witch hunt stokes new fears. “In a worrying signal for global investors with a presence in China, some officials have argued strongly for a crackdown on ‘foreign forces,’ which they say have intentionally unsettled the market.”
Tags: China, Crackdown, Foreign forces, Government, Investors, Officials, Share purchases, Stock market, Witch hunt
