REMAIN CALM. ALL IS WELL. China Markets Crisis: Government Efforts Fail to Halt Tumble. “Unprecedented steps aimed at propping up Chinese investor confidence failed to stop the country’s main stock markets from tumbling yet again on Wednesday. Within the first hour of trading some 1,400 companies — representing more than 40 percent of China’s stock market cap — had suspended trading. Some were frozen before the opening bell after petitioning the government while others quickly met the 10-percent daily limit on losses. Since the crisis began over three weeks ago, China’s Shanghai and Shenzhen Composites have lost more than 30 percent and 40 percent of their value respectively, adding up to $3 trillion dollars in equity lost.”