China Stock Slump Deepens as Policy Support Fails to Reassure Investors

China’s stock market remained under pressure on Tuesday, with the latest official attempt to bolster investor confidence doing little to pull shares away from roughly one-year lows. Investors said the measures leaned on a familiar approach of steering more money into equities, but that the response was not strong enough to reverse the selloff. The country’s blue-chip CSI300 has fallen 13% since January, making China the weakest-performing major stock market globally this year. The index recorded its biggest monthly decline in a decade in October, dragged down by a drop in AI stocks, and ended Tuesday 0.2% lower. The downturn…