Turnaround Time for China? Here’s How to Invest

Last month’s record low in equity markets led to government intervention.

Is Xi Jinping, China's president, getting worried about the crashing market?

Photographer: David Paul Morris/Bloomberg

Welcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.

In this week’s Merryn Talks Money, former Chancellor Kwasi Kwarteng says that Prime Minister Rishi Sunak should feel “liberated” to take bold action on taxes, given that no one expects him to win the next election here in the UK. You can watch this particular interview on YouTube, if you prefer video. Otherwise, download the podcast in the usual places.