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Frank Chen
Frank Chen
Shanghai
Senior Reporter, Political Economy
A graduate from the Hong Kong Polytechnic University, Frank was previously with Asia Financial, Asia Times and Hong Kong Economic Journal.

Officials hope to eventually source hi-tech plane components domestically to drive industrial self-sufficiency, but for now overseas producers are essential.

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Beijing has already unveiled a series of stimulus measures, with more expected amid a final push to reach this year’s ‘around 5 per cent’ target.

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Economists have ‘never seen anything like this’, and ‘challenges are on a greater scale’ than ever before, so how can China bring the wild ride to an end?

Central bank and finance ministry held a joint working group, with Ministry of Finance set to hold a press conference on Saturday, but markets still fell.