Market correction 'almost complete'
By Chen Jia | China Daily | Updated: 2015-09-07 07:38
China's stock market correction is almost complete, central bank Governor Zhou Xiaochuan said in Ankara, Turkey, at the G20 meeting.
The government's rescue measures, including a liquidity injection, have curbed plummeting prices and prevented risks, he said.
Three rounds of stock price adjustments started in June after the benchmark index surged by 70 percent in four months, forming market bubbles. Market turmoil in China has affected global equity markets since late August.
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