Shanghai Composite climbs 1% at open after US revises up its second quarter growth.
US growth fuels return to positive territory giving struggling mining giants a boost.
The gross domestic product grew by 3.7%, around 0.5 percentage points higher than market expectation.
The FTSE 100 opened 2.2% higher, recovering losses it made on Wednesday
China stocks return to positive territory as monetary easing calms investors.
Following gains after Monday's rout the market again shed value as investors appeared skittish.
What are financial analysts forecasting for Chinese and world markets?
Shanghai Composite index closes 1.3% lower after shedding 16% in past two sessions.
Analysts blame the US Federal Reserve and its policy for the market rout.
London's stock exchange bounced back from deep loses Monday as bargain hunting investors bought in.
IBTimes UK explains what the shares slump in China means for investors.
European markets rose on Tuesday morning, despite a further 7.6% decline in China, the seventh consecutive day of losses.
FTSE 100 lost a total of 4.67% in value from 6,187.65 at the open, to closing at 5,898.87.
Shanghai Composite index slides 4% in mid-day trading after closing 8.5% down on Monday.
The recent stockmarket decline may have caused Trump's portfolio to lose over $1m.
Market shaves £74bn from value after sharp decline in Chinese markets with mining and oil and gas leading.
Indian rupee also reaches lowest point in past two years. Analysts predict rate cut.
China's economy needs to rebalance and bubbles must be allowed to burst.
Mainland's Shanghai Composite index plunges more than 8% in mid-day trading.
Brent crude is down 2.38% at $44.38 per barrel as at 4.15am GMT, while WTI crude declined 2.92% at $39.47.
A slowdown in Chinese manufacturing in putting the pinch on global markets
Special drawing rights account for less than 3% of central bank reserve assets, economists say.
Shanghai Composite index dives 4% as sell-off frenzy continues.
Seven month low on 11 day losing streak sees market heading toward correction.
Tenge is trading down 21.57% at 252.60 per US dollar as at 10.20am GMT, after Kazakhstan freed currency.
Shares across region hit amid uncertainties over Fed rate hike and China.
Move comes as IMF awaits further reforms to China's currency policies.
Bitcoin fell to lowest price since January amid disputes over new proposal for the cryptocurrency.
Glencore's earnings also fell 29% to $4.6bn
Shanghai Composite benchmark slips 3% after closing more than 6% lower on 18 August.