But considering China's huge population of 1.36bn people, this translates as only one person in 30 who actually owns shares in the country.
The People's Bank of China has cut interest rates to a record low, brokerages have committed to buy billions worth of stocks, and new company listings were suspended. No one knows how deep the crisis runs, but the country's economic slowdown could have serious consequences for the rest of the world, particularly countries and firms that export to China.
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