BEIJING | Chinese leaders struggle to dispel stock market gloom

BEIJING | Chinese leaders struggle to dispel stock market gloom

BEIJING — China’s leaders are trying to dispel stock market gloom and talk prices back up with promises of tax cuts and a media campaign led by its economic czar.

The market benchmark plummeted 30 percent from January to mid-October. It has rebounded 5 percent but is the world’s worst performer this year.

That’s a blow to communist leaders who are trying to shore up economic growth and carry on a tariff war with President Donald Trump over Beijing’s technology policy.

Continue reading BEIJING | Chinese leaders struggle to dispel stock market gloom at STL.News.