Huge Bailouts Can’t Save China’s Stock Rout: Analysts

Huge Bailouts Can’t Save China’s Stock Rout: Analysts
People walk across a bridge with a stocks indicator board in the financial district of Lujiazui in Shanghai, China, on Oct. 17, 2022. Hector Retamal/AFP via Getty Images
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News Analysis

As China’s stock markets touch historic lows against U.S. stocks and the rout becomes a political problem for Beijing, even a reported massive bailout package in the works may not save China from the crisis of confidence gripping investors, analysts say.