China shares rebound on government support but rest of Asia unimpressed

January 8, 2016 7:56 AM

34 0

China shares rebound on government support but rest of Asia unimpressed

BEIJING — China’s stock markets rebounded in volatile trading Friday, after the authorities moved to stabilize the currency, bought shares and suspended a circuit-breaker system that had fueled this week’s panic.

But if a degree of confidence trickled back to China, global markets seemed unimpressed by the Chinese government’s rescue act.

Also read: China hawks rally to Trump

Read more

To category page

Loading...