Beijing has initiated a series of measures to stabilize China's stock market, which experienced its worst sell-off in a decade. These actions include a US$15 billion asset swap facility, liquidity boosts, reduced rates for stock buy-back loans, and eased restrictions on leveraged trading. The People's Bank of China and the China Securities Regulatory Commission are spearheading these efforts following a high-level meeting in Beijing. AI
RANK_REASON Significant policy intervention by a national government to stabilize financial markets. [lever_c_demoted from significant: ic=1 ai=0.1]
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