Business Brief (Nov. 9): China Moves to Stabilize Stock Markets

China’s State Council called for stronger mechanisms to stabilize capital markets during a Nov. 6 meeting chaired by Premier Li Qiang. It also directed authorities to make full use of policy funding and disburse payments owed to businesses promptly and in full.

China’s cyberspace regulators removed more than 47,000 pieces of unlawful or rule-breaking content and took action against 3,961 accounts in a campaign targeting AI-generated impersonations of public figures used to sell products or attract followers. Regulators instructed platforms to carry out targeted cleanups and said enforcement against AI misuse would continue.