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comment by zesoft
zesoft  ·  3213 days ago  ·  link  ·    ·  parent  ·  post: China steps up support to arrest stock market slide

My economics knowledge is limited, but aren't lowering reserve ratios and buying bonds standard Keynesian methods to increase demand?

Still pretty scary stuff.





London  ·  3210 days ago  ·  link  ·  

I think the problem here is that the prices were overpriced, and it seems that the PRC is just trying to keep them at that artificial high.