BEIJING—As Chinese stocks continued to tumble in early trading Monday, China looked to flood its banking system with new liquidity to offset effects of its recent surprise currency devaluation, according to Chinese officials and advisers to the central bank.
Stocks fell sharply in morning trading, with the Shanghai Composite Index opening 3.7% lower.
The expected move to free up more funds for lending—by reducing the deposits .... http://www.wsj.com
