Chinese stock market woes

The recent gyrations in the Chinese stock market has the potential to cause resentment amongst the ordinary investors, a majority of whom are small, who were sucked into it because of the encouragement by the leadership through buying on margin calls. The resulting losses may be another nail in the coffin of the ruling communist party. The loss and anguish facing these investors is indeed sad and hopefully they channel their wrath towards the ruling clique and ultimately overthrow the regime is to be hoped for.

via CNN Money


About

Bill Ganapathy is a semi-retired, aspiring blogger and journalist based in Arizona, USA. Bill, a former sailor in the greek shipping fleet and photographer on the Italian luxury cruise liner "Achille Lauro". Active participant in foreign affairs, Bill was a past member of the Young Entrepreneurs wing of the Foreign Policy Association in New York. Bill has widely traveled the globe from Asia, Europe, and the USA. He Graduated B.A. (Hons) from Bangalore University, Bangalore, India and also holds Academic certification in International Relations, from Phoenix College, Phoenix, AZ, USA.


'Chinese stock market woes' have 1 comment

  1. February 1, 2016 @ 9:51 am orenkomp.ru

    He said China’s vast and growing middle class would continue to support growth, adding that Chinese authorities have more tools at their disposal — more stimulus and more intervention in the stock market and exchange rate — to tackle the current crisis than most Western governments.

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