BEIJING: China’s benchmark Shanghai Composite Index fell by more than 3 percent in early Wednesday trading before rebounding. It’s now up almost 1 percent.
Before Wednesday, the market had lost 20 percent of its value in four straight days of losses. It’s now down more than 40 percent from its June peak.
Over the past two months, the Chinese government has taken extreme measures to reverse the stock market’s decline — but those efforts haven’t been successful.
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