Beijing appears to wind down share-buying -- now what?

``... there has been no large-scale buying by the China Securities Finance Corp. despite four days of precipitous declines that wiped 22 percent off the Shanghai Composite Index... The consensus among Chinese leaders "appears to be that this was costing the government too much money," Angus Nicholson of IG Markets said in a report. "Now I think they are trying to just slow down the fall," said Jackson Wong, associate director at United Simsen Securities Ltd. in Hong Kong.