CHINA TOPIX

New CSRC Chief Defends Government Policies, Pledges Sustained Support for Stock Markets

Girish Shetti   |

Mar 14, 2016 12:40 AM EDT

In his first ever press conference, China's newly-appointed stock market chief has tried to calm nervous investors as he pledged sustained government support for the country's plummeting stock markets. Liu Shiyu, the CSRC's new chief, also promised timely intervention should market volatility return back to stock markets again.