China share slump: Dealers to spend $20bn to halt slide
Shares have fallen 30% since mid-June China's main share brokerages have agreed to spend 120 billion yuan ($19.3bn, £12bn) to prop up the ailing stock market. (BlogCiot) The main Shanghai Composite index has fallen 30% since the middle of June, nullifying most of this year's gains.The authorities are worried about the possible economic effects and have already tried preventativeSursa
2015-07-05 07:12:53