China Investor confidence

China’s “national team,” which was organized by the authorities and endowed with billions in cash to save the stock market following last year’s crash, pledged that the rescue operation would extend into the next few years. However, reports published by a number of listed companies have revealed that it has been staging a silent retreat.

China’s “national team,” which was organized by the authorities and endowed with billions in cash to save the stock market following last year’s crash, pledged that the rescue operation would extend into the next few years. However, reports published by a number of listed companies have revealed that it has been staging a silent retreat.