MNI again with the China headline; this time from Economic Information Daily:
- Turbulence on international stock markets Monday was a result of fluctuations in sentiment
- Rather than significant economic problems
A front-page commentary by economist Xu Gao
More:
- China should stick to its policy of a gradual exit of stock-market intervention despite falls in A-share prices
- A repeat of increased margin trading - seen in mid-August when prices rose a little - will become a risk
- Price falls will help deleveraging
- A long-term government presence in the market will become a new risk
