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China suspends circuit breakers on stock exchanges

abc.com

abc.com Source: ABC.COM

Chinese authorities have conceded their attempts to control the tumultuous stock market may have done more harm than good, and they've announced a suspension of their new circuit breaker mechanism.It's spooked investors across Asia, leading to the worst start to the year on the Australian market.Markets in Europe and the US have also taken a tumble.Spiros Papastefanou reports


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Chinese authorities have conceded their attempts to control the tumultuous stock market may have done more harm than good, and they've announced a suspension of their new circuit breaker mechanism.It's spooked investors across Asia, leading to the worst start to the year on the Australian market.Markets in Europe and the US have also taken a tumble.Spiros Papastefanou reports



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