Deutsche Bank: What China Can Learn From the 1987 ‘Plunge Protection Team’
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Chinese stocks have been taking the plunge.
Photographer: Don Knight/The Herald BulletinThis article is for subscribers only.
After the Shanghai Stock Exchange Composite Index slid 5.9 percent, to 3,507.19, on Wednesday, it bounced back 5.8 percent, to 3,709.33, today.
With the roller coaster ride continuing, Chinese officials have taken action.