With fluctuations in the RMB, stocks, and confidence in Beijing, Chinese leadership is under pressure from within and without.» Read More
Apart from its willingness to prop up the economy and share markets, the People's Bank of China also has more "policy tools to play with" compared to the Fed, says Michael Lu, managing director of LTS Group.
Tai Hui, chief Asia market strategist at J.P. Morgan Asset Management, says the moves by China's central bank this week are targeted at addressing economic headwinds, instead of the market turmoil.
A China "hard landing" has become some investors' base-case scenario for the world's second-biggest economy. But have markets fully priced one in?
China's Shanghai Composite index finished in negative turf late Wednesday, as investor confidence remained frail.
Given the ominous economic environment, the Fed will abandon plans to increase interest rates and opt to roll out more stimulus, says Bert Dohmen, president and founder at Dohmen Capital Research Group.
A bronze sculpture in China showing a bull firmly pinning a bear to the ground has garnered swift attention in the country.
Patrick Bennett, FX strategist at CIBC, says the Australian dollar could fall to 70 U.S. cents if the stock market rout continues. However, the weak Aussie dollar will be advantageous for the economy, he adds.
Stephen Roach, senior fellow at Yale University, explains why the turbulence in the stock market doesn't paint an accurate picture of China's economy.
With no fresh economic data to justify the slide, Monday's selloff reeks of automatic trading points being triggered, says UBS's investment chief.
"There is a chance the bottom's in. I'm not going to say it's 100 percent but I can say its at least 50 [percent]," Bob Doll said.
Chinese investors tell CNBC their views on Beijing's attempts to prop up equities and the economic outlook.
The Fed can't save this market. Here's the only thing that can, says trader Brian Kelly.
Ken Peng, Asia investment strategist at Citi Private Bank, says the People's Bank of China will consider the steps taken by other central banks in the region, as it doesn't want to be seen as the "only one trying to lift the world."
China stocks slid as much as 5% Wednesday, on the back of a 6% Tuesday plunge, before state-backed buyers supported the market.
Chinese shares led losses in Asia on Tuesday, as nerves over the yuan and a bomb explosion in Thailand sent investors scrambling for safety.
Asian travel hotspots may be counting on an ever-growing horde of Chinese tourists for growth, but the weaker yuan may choke off the flow of travelers.
China's yuan opened weaker against the dollar on Monday but was stronger than the official midpoint fixed by the central bank.
Second-quarter gross domestic product from Japan will likely pile on the worry for markets already jumpy about global economic growth.
The precipitous downturn in gold has taken the market to levels not seen since March 2009 but low prices may contain the seeds of the next rally, according to HSBC.
Tai Hui, chief Asia market strategist at JP Morgan, says China is allowing markets to have a "little bit more say" in how the yuan was valued.