China is just delaying the inevitable with its latest desperate attempt to rescue the stock market

Getty Images/File In the wake of another 7% plunge in Chinese stocks, ending trade early for the second session in four, China’s stock market regulator, the CSRC, has announced further restrictive measures in an attempt to prevent a further market rout. Following the close of trade on Thursday, something that came less than 30 minutes after the markets opened, the CSRC issued a statement restricting share sales by major shareholders of listed firms, arguing the move “will stabilise market e...