Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.
BREAKING NEWS

Government moves calm China market jitters

Government moves calm China market jitters
Euronews logo
Text size Aa Aa

China’s shares have been buoyed by a raft of government support measures after the markets shed 30 percent in value since mid-June.

However, worries persist about the long-term impact that four-weeks of market turmoil may have on the world’s second-largest economy.

Between June 2014 and June 2015 investors flocked to the Chinese stock exchange pushing share prices up by 150 percent.

The flock then fled and such collective movements exaggerated market fluctuations.

Analysts believe the market falls in no way reflect the health of the wider economy.