Templeton's Mobius: PBOC, govt measures on China stocks, 'creates more fear'

Mark Mobius, chairman of Templeton Emerging Markets Group in an interview on the Chinese stock market falls and the measures the PBOC and various government agencies are taking:

• "It suggests desperation"
• "It actually creates more fear because it shows that they've lost the control"

Ryan had a summary of the measures, here: How to catch a falling knife Chinese style - Ban stockholders from selling