Chinaprime minister Li Qiang He called for more effective measures to stabilize his country’s slumping stock market after the mainland’s benchmark CSI 300 index hit a five-year low on Monday.
Chinese Stocks They have been sold for most of the past year, affected by factors ranging from a prolonged crisis in the housing market to persistent deflationary pressures in the broader economy. Meanwhile, Beijing’s policy response has failed to support sentiment among investors hoping for easier monetary conditions or a significant increase in fiscal stimulus.