Top 10 news events of China in 2015
Updated: 2016-01-01 08:59
(chinadaily.com.cn)
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Investors look downcast at a brokerage house in Fuyang city, East China's Anhui province, July 28, 2015. [Photo/IC] |
Stock market rollercoaster
The A-share market suffered a free fall from June to August in 2015 when the market regulator tightened leverage norms. Funds panicked, a selloff ensued, and even global markets shivered, worried over further slowdown in the world's second largest economy.
The benchmark Shanghai Composite Index crashed 45 percent in less than two months. The rout wiped out $5 trillion of market value and prompted the regulator to launch an unprecedented rescue.
The plunge delayed reform of the Chinese stock market, prompting the regulator to intensify crackdowns on market manipulators and insider trading. Several senior executives of CITIC Securities, the country's largest brokerage, were investigated for alleged insider trading.
- Top planner targets 40% cut in PM2.5 for Beijing-Tianjin-Hebei cluster
- Yearender: Predictions for 2016 through 20 questions
- Asia's largest underground railway station opens in Shenzhen
- Shanghai bans drug-using actors, drivers
- Clamping down to clean up the air
- Yearender: Ten most talked-about newsmakers in 2015
- Over 1 million refugees have fled to Europe by sea in 2015: UN
- Turbulence injures multiple Air Canada passengers, diverts flight
- NASA releases stunning images of our planet from space station
- US-led air strikes kill IS leaders linked to Paris attacks
- DPRK senior party official Kim Yang Gon killed in car accident
- Former Israeli PM Olmert's jail term cut, cleared of main charge
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China counts down to the New Year
Asia's largest underground railway station opens in Shenzhen
Yearender: Predictions for 2016 through 20 questions
World's first high-speed train line circling an island opens in Hainan
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