Blame, anger, frustration as China’s stock rescue effort looks defeated

An investor looks at an electronic screen showing stock information at brokerage house in Hangzhou, Zhejiang Province, China, January 11, 2016. REUTERS/China Daily

A Chinese government campaign to restore confidence in the country’s volatile stock markets appeared to be in tatters on Friday as the benchmark Shanghai index wiped out all the gains made since the depths of last year’s crash.

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