There is more bad news from China. Since the country changed a few regulations on how to trade stocks China's economy has been in a slump. However, analysts didn't think it would be this bad. According to CNN, the stock market is so bad in China that many companies are halting trading. More than 700 companies have called it quits, which is nearly 25% of companies listed on China's two largest stock exchanges. Now the government has stepped in to hopefully stop further damage to the stock market. The Chinese Central Bank has cut rates and some brokerage firms have pledged to buy back funds and stocks. "The government is taking good care of the stock market," China's vice commerce minister said. For more news on China, click here.