Chinese shares continued to dip today, following a historic sell-off on the previous day.
The Shanghai Composite plunged by 4.3 percent to 3,567.38 points in early hours of trading, after the index hit an eight-year low with an eight percent drop, reported the BBC.
Meanwhile, China has assured investors that it would implement 'prudent monetary policy' to stabilise markets. The People's Bank of China has said that it would inject 50 billion yuan (USD 8.05 billion) into the money markets.
The bank also insisted that the country's main economic indicators were steadily improving.