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China is distorting its stockmarket by trying to prop it up
- jqpabc123 2y agoLet's be honest --- everything in China is subject to heavy handed government influence. There is very little real independence. Don't take my word for it --- just ask Jack Ma.
- smarm52 2y agohttps://en.wikipedia.org/wiki/Planned_economy https://en.wikipedia.org/wiki/Planned_economy https://en.wikipedia.org/wiki/Five-year_plans_of_China https://en.wikipedia.org/wiki/Five-year_plans_of_China They've got to prop it up while rich/important people get their money out. Plus, they need to look like something to invest in as Westerners flee because they're stealing their money.
- more_corn 2y agoPaywalled