Read this in The Manila Times digital edition.
BEIJING: The Chinese government on Wednesday tried to reassure jittery investors by promising support for its struggling real estate industry, internet companies and entrepreneurs who want to raise money abroad after regulatory crackdowns caused stock prices to plunge.
Regulators should issue market-friendly policies to "invigorate the economy," officials said at a Cabinet meeting led by Vice Premier Liu He, Chinese President Xi Jinping's top economic adviser, according to the state-run Xinhua News Agency.
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