Originally posted by the Voice of America.
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           Trading in China Volatile as Beijing Tries to Calm Markets

   by VOA News

   Trading in China was volatile on Tuesday, a day after the country's
   main stock market suffered its steepest plunge in eight years.

   The benchmark Shanghai Composite Index ended a turbulent morning
   session down 1 percent, after falling as much as 5 percent after
   opening.

   On Monday, the index lost 8.5 percent, while the CSI300 index of the
   largest listed companies in Shanghai and Shenzhen shed 8.6 percent. It
   was the biggest single-day plunge since 2007.

   Many Chinese investors have been rattled by rumors that Beijing plans
   to back off its support for the stock market, which had been recovering
   for the past two weeks following a month-long sell-off.

   The state-run China Securities Finance Corporation on Tuesday stressed
   it will continue to buy stocks to "stabilize" the market. The People's
   Bank of China also said it would inject over $8 billion into money
   markets

   The turmoil in China has also affected global investors. European
   markets on Monday dropped to two-week lows, and U.S. indices were down
   for the fifth straight session.
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   [1]http://www.voanews.com/content/trading-in-china-volatile-as-beijing-
   calms-markets/2881179.html

References

   1. http://www.voanews.com/content/trading-in-china-volatile-as-beijing-calms-markets/2881179.html