imaginechina

US markets down at closing bell after midday rally as China woes …

What a busy 12 hours we’ve had. And with America waking up, let’s have a recap.China’s central bank has slashed interest rates and allowed its banks to lend more money, in an attempt to prop up its economy.The stimulus move, which has driven shares higher worldwide, came after another day of heavy losses in Asia.In an unscheduled move, the People’s […]

August 24, 2015 ByMartin Farrer in Sydney america, asian, beijing, china, french, imaginechina, people, shanghai, state Comments Off read more

Shanghai investors keep calm amid the stock market storm …

Shares continue to slip, causing anguish and heavy losses for China’s millions of personal investors. Photograph: Imaginechina/Corbis
The temperature in this small airconditioned room in a brokerage in Shanghai’s Xuhai district was cool, as was the mood despite a drop in the stock market for the second day running.In recent weeks, as China’s stock market falls appeared to stabilise, millions of […]

July 28, 2015 ByJennifer Duggan in Shanghai changle, china, government, imaginechina, market, people, personal, photograph, questions, securities, shanghai, women Comments Off read more