On June 27, the People’s Bank of China lowered the reserve requirement ratio and the benchmark interest rate. But the Shanghai Composite Index kept falling, reaching 4,200 on July 1.
当局急忙试图止血。6月27日，中国人民银行下调存款准备金率和基准利率。但上证综指继续下跌，7月1日已跌至4.200点。