Stocks steady amid global turbulence

By LI XIANG and ZHOU LANXU | China Daily | Updated: 2020-03-14 04:15Nation’s policy response, its ability to boost economy help A-shares reboundChina’s stock market withstood turbulence in the global financial market on Friday as Beijing acted swiftly to lift investors’ confidence by announcing a set of new supportive policies including more liquidity injections to stabilize growth and boost consumption.The benchmark Shanghai Composite Index opened lower, declining more than 4 percent during morning trading following the unprecedented plunge of global equities on Thursday. The index quickly re…

Read More

Like what you read? Didn't like what you read? Weigh in!