Currently, investors are touting the possibility of the
central bank being
forced to follow up its cheap loans to
banks — known as TLTRO — and asset - backed securities and conduct Federal Reserve - style government bond
purchases to boost inflation.
Spooked by a sudden 19 % plunge in the Shanghai Composite Index, regulators halted initial public offerings, suspended trading in shares accounting for 40 % of market capitalization,
forced state - owned brokers to promise to buy stocks until the index reached a higher level, mobilized state - controlled funds to
purchase equities, and promised unlimited support from the
central bank.