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check my links above. but also, do you think a normal economy needs the government to - limit citizens withdraws abroad - prevent majority holders of more th
by sharetea 11y ago
check my links above. but also, do you think a normal economy needs the government to
- limit citizens withdraws abroad
- prevent majority holders of more than 5% of a company to sell their shares
- stop the entire stock market from trading after a 7% decline
- limit $50k/year limit transfer out of china
- vkou 11y agoHaven't most of those limits (Minus the stock market ones) been in place for a number of years? Also, most stock markets have stop-trading circuit breakers. If China's GDP has been growing at ~1-2%/yr, why does the air in Beijing look like soup?
- mikeash 11y agoIt's been like that for a long time. They shut down a ton of factories for a month to have clear skies for the olympics in 2008. It's been getting worse, but I don't know that it's all that much worse.
- rtpg 11y agothe stock market stopping trading after a drop is a property of pretty much all stock markets right? As to the other points, that seems much more like social/corruption control than anything else.