Overview

• China's government attempts to stabilize a tumbling stock market, evoking memories of 2015 interventions.
• Investor confidence wanes as policy crackdowns and COVID-19 measures impact business sentiment.
• Xi Jinping's administration faces criticism for not addressing fundamental economic issues.
• New stock regulator appointed and developer financing reported in efforts to soothe markets.
• Investors and analysts remain skeptical of a sustainable recovery without significant policy shifts.