1. China Rally Is Powering Gains for Government.
- Author
-
SHEN HONG and CHAO DENG
- Subjects
- *
GOVERNMENT business enterprises , *STOCK exchanges ,CHINESE politics & government, 2002- ,ECONOMIC conditions in China, 2000- - Abstract
The article states that gains in the Shanghai, China, Stock Market, in 2015 were of great financial benefit to the Chinese government. According to the article, the Chinese government made billions of dollars in paper profits based on the stock gains of state-owned corporations listed on the exchange. The article discusses the potential impact on the Chinese economy. It also discusses the actions of the Chinese agency the China Securities Regulatory Commission.
- Published
- 2015