First Published: The Spectator 10 February 2024
Ahead of the Chinese new year holiday, Beijing has been intervening to prop up the country’s stock markets. Regulators have tightened market trading conditions, and this week the head of the China Securities Regulatory Commission, Yi Huiman, was fired abruptly, presumably as the fall-guy for the relentless decline in the markets, which have lost about $6 trillion in value since the end of 2021. Read on….https://www.spectator.co.uk/article/how-the-chinese-markets-lost-faith-in-the-ccp/
