Beijing’s rules intended to stem market panic only made things worse. Blame human nature.
- BY DAVID WERTIME
- JANUARY 7, 2016
It was an embarrassing about-face for Chinese securities regulators. Just days after introducing “circuit breaker” policies on Jan. 4 — which paused stock markets for 15 minutes on a five percent drop and shut them down for the day on a seven percent drop — Beijing announced Jan. 7 that it would suspend the new rules, effective immediately.
Đọt Chuối Non 