Confidence shaky as Shanghai index tumbles

Global Business

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China’s stock markets have fallen sharply over the past three weeks. The Shanghai Composite Index plunged 5-point-8-percent on Friday, taking the week’s losses to more than 12 percent.
Now, the largest brokerage firms announced a government-supported plan to buy up shares, starting Monday. CCTV’s John Metherell filed this report.

Confidence shaky as Shanghai index tumbles

Confidence shaky as Shanghai index tumbles

China's stock markets have fallen sharply over the past three weeks. The Shanghai Composite Index plunged 5-point-8-percent on Friday, taking the week's losses to more than 12 percent. Now, the largest brokerage firms announced a government-supported plan to buy up shares, starting Monday. CCTV's John Metherell filed this report.