Lighter-touch regulation is what China stock markets need
Tue, Jul 28, 2015 - 5:50 AM
A stock investor checks prices in a brokerage house in Huaibei, central China's Anhui province, on July 27, 2015.
THE renewed sharp declines in China's stock markets is a sobering reminder that official attempts to prop up share prices can only go so far and attempts by government to be a cheerleader for the stock market can do more harm than good.
On Monday, the Shanghai Composite Index suffered its...