The Systematic Politicization of China’s Stock Markets

  title={The Systematic Politicization of China’s Stock Markets},
  author={Guoping Li and Hong Zhou},
  journal={Journal of Contemporary China},
  pages={422 - 437}
Abstract The paradox that the performance of China’s stock market has not matched the performance of China’s real economy has been puzzling. This article argues that one of the major causes of the poor performance of China’s stock markets is that ever since their establishment, China’s stock markets have been systematically politicized by the ruling party to promote its political agenda. The mantra of ‘socialism’ of the ruling party has turned the stock markets into a mere fund-raising vehicle… Expand
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  • 2011
Arithmetic Average
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55 jia shangshi gongsi yeji bianlian
    55 jia shangshi gongsi yeji bianlian' [55 Companies Made U-Turn on Financial Performance], Xinxi Shibao
      China Banking Regulatory Commission Issued Order to Crack Down on Participation in Underground Financial Activities by Employees of State-owned Financial Institutions], Xinlang Caijing
      • Yinjianhui fawen daji jinrong jigou yuangong canyu dixia qianzhuang huodong
      Note: The last column is the difference between Column 3 and Column 4