Chinese regulators' latest clampdown rattles investors

Beijing has broadened a clampdown on businesses it blames “for increasing inequality and financial risk”, with the resultant market volatility driving Chinese stocks to the brink of a bear market. 

Xi Jinping and CCP bigwigs
When an authoritarian state makes a decision, things can change very quickly
(Image credit: © Lintao Zhang/Getty Images)

Are Chinese stocks “uninvestable”? asks Farah Elbahrawy on Bloomberg. Goldman Sachs says its clients are wondering whether they should pull their money out after Beijing broadened a clampdown on businesses it blames “for increasing inequality and financial risk”. The resulting market volatility has pushed “key stock indexes to the brink of a bear market”.

Investors wake up

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