Almost four years after an epic boom and bust, China’s markets are on another roller-coaster ride, with shares in internet companies and brokerage houses among the most volatile.
One winner is Shanghai-based East Money Information Co., which, as an investing website and online broker, fits both camps....
Do not be fooled by the guise of no regulation. Sure at first, there is a massive increase in businesses, jobs, taxes, and by proxy an increase in GDP. Then things start getting older and people start dying. A reasonable level of regulation prevents neglect and abuse.
That happens when you're winning a trade war against a narcissistic dipshit who doesn't have a grasp on even the most basic of economic principles...
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Source: BusinessInsider - 🏆 729. / 51 Read more »