{"id":7484,"date":"2022-03-16T16:00:12","date_gmt":"2022-03-16T16:00:12","guid":{"rendered":"http:\/\/lonecandle.com\/?p=7484"},"modified":"2022-03-16T16:00:12","modified_gmt":"2022-03-16T16:00:12","slug":"chinas-intervention-sends-stocks-soaring-powells-unlikely-to-make-that-big-a-splash","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=7484","title":{"rendered":"China\u2019s Intervention Sends Stocks Soaring. Powell\u2019s Unlikely to Make That Big a Splash."},"content":{"rendered":"\n<p> &#8220;China promised to keep its stock markets stable and implement measures to boost its economy, according\u00a0<a rel=\"noreferrer noopener\" href=\"http:\/\/www.xinhuanet.com\/english\/20220316\/74bf60c2d79645ac9d9986630c726b61\/c.html\" target=\"_blank\">to a state-run media report<\/a>\u00a0of a meeting of the country\u2019s financial stability and development committee. The committee also stressed that regulators should \u201cactively introduce market-friendly policies.<\/p>\n\n\n\n<p><br>Significantly for U.S. investors, the committee said China\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.marketwatch.com\/story\/china-pledges-to-support-stock-market-economic-growth-271647413961?mod=newsviewer_click&amp;mod=article_inline\" target=\"_blank\">continues to support companies\u2019 listing of shares overseas<\/a>\u00a0and has maintained \u201cgood communications\u201d with U.S. regulators, with a cooperation plan in the works. That\u2019s quite the development \u2013 just last week the Securities and Exchange Commission named five Chinese companies that could face delisting.<\/p>\n\n\n\n<p><br>So what\u2019s changed? The pressure on Chinese stocks had ramped up in the past week as regulatory concerns returned and surging Covid cases led Beijing to lock down millions of people. The country\u2019s links to Russia also spooked investors as U.S. officials said the Russian government has asked China for military aid. If it did help Russia, sanctions would surely follow.&#8221;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.barrons.com\/articles\/things-to-know-today-51647425887?siteid=yhoof2\">https:\/\/www.barrons.com\/articles\/things-to-know-today-51647425887?siteid=yhoof2<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;China promised to keep its stock markets stable and implement measures to boost its economy, according to a state-run media report of a meeting of the country\u2019s financial stability and development committee. The committee also stressed that regulators should \u201cactively introduce market-friendly policies.<\/p>\n<p>Significantly for U.S. investors, the committee said China continues to support companies\u2019 listing of shares overseas and has maintained \u201cgood communications\u201d with U.S. regulators, with a cooperation plan in the works. That\u2019s quite the development \u2013 just last week the Securities and Exchange Commission named five Chinese companies that could face delisting.<\/p>\n<p>So what\u2019s changed? The pressure on Chinese stocks had ramped up in the past week as regulatory concerns returned and surging Covid cases led Beijing to lock down millions of people. The country\u2019s links to Russia also spooked investors as U.S. officials said the Russian government has asked China for military aid. If it did help Russia, sanctions would surely follow.&#8221;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[89,217,165,1469,495],"class_list":["post-7484","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-china","tag-economics","tag-economy","tag-government-intervention","tag-stock-market"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/7484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7484"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/7484\/revisions"}],"predecessor-version":[{"id":7485,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/7484\/revisions\/7485"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}