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China stocks pare slide as state funds seen buying large caps

China's "national team" of state-backed funds is frequently suspected of buying shares during turbulent times. Large caps like banks are among the most favoured targets, and buying often comes in the afternoon so gains, or at least smaller losses, are locked in for the day. The funds were net buyers of bank stocks in the third quarter, UBS Securities Co. said in November.

 China's stock benchmark is down 24 per cent this year, in line for the worst performance in a decade, as a trade dispute with the United States escalated.

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Jailing Muslims, burning Bibles, and forcing monks to wave the national flag: How Xi Jinping is attacking religion in China

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hina has been increasingly cracking down on Christians, Muslims, and Buddhists. Authorities are subjecting Muslims to an unprecedented amount of surveillance, shutting down Christian churches, and forcing monks to pledge allegiance to the state. The officially atheist Chinese Communist Party disapproves of all kinds of grassroots organizations as they are seen to undermine its grip […]

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