China’s policymakers and regulators tried to soothe the country’s jittery markets on Monday, promising deeper financial market reforms and stressing the economy was showing signs of stabilizing, as stocks resumed trading after a four-day long weekend. Looking to draw a line under wild gyrations in Chinese equity markets, which have fallen 40 percent since mid-June, China’s securities regulator said it would take more steps to ensure stable markets, while government officials said the worst of the volatility was over. “The government won’t normally intervene, but when there are severe, abnormal fluctuations in the markets, the government can’t just sit on the sidelines and must take decisive and timely measures,” the China Securities Regulatory Commission said late on Sunday. It added it would consider launching a circuit breaker […]