Photographer: Qilai Shen/Bloomberg

PBOC Sought Information From Fed as Chinese Stock Market Plunged

  • Chinese central bank representative e-mailed Fed official
  • Fed sent publicly available information on 1987 crash actions

As Chinese stocks plunged in July, an official from the nation’s central bank reached out to the Federal Reserve for information about how it handled the 1987 U.S. equities crash, newly disclosed e-mails show.

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