China's Stock Market Rescue Efforts Falter as Confidence Dwindles

China's attempts to prop up its stock market are failing as global investors sold a net 8.2 billion yuan ($1.1 billion) of mainland stocks, causing a brief rally to fizzle out. Confidence in China's economy is waning due to a disappointing economic recovery, high youth unemployment, demographic issues, and a heavy debt burden in the property sector. Experts warn that China may be heading towards a "lost decade" similar to Japan's in the 1990s, with a potential debt deflation loop and stagnant economic growth.