The Systematic Politicization of China’s Stock Markets

@article{Li2015TheSP,
  title={The Systematic Politicization of China’s Stock Markets},
  author={Guoping Li and Hong Zhou},
  journal={Journal of Contemporary China},
  year={2015},
  volume={25},
  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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