China Takes Action to Stem Stock Market Slide
• China tightening financial rules to halt stock market sell-off that has wiped out $6 trillion in recent years
• New rules limit short-selling and securities lending starting Monday to create "fairer market order"
• Sell-off comes amid concerns over China's slowing economy, debt crisis in property sector, and issues with shadow banks
• Economy growing at just over 5%, much lower than pre-pandemic, with falling exports, spiking youth unemployment
• Premier Li Keqiang calling for "more forceful" measures to stabilize share prices as crisis spreads