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Thread: Should China learn from US?
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[quote=JIMMYB,276089]Quote:"It's sort of ironic that the majority of entrepreneurs(bond markets) whose philosophy is laissez-faire then turns to the government for assistance when the going gets tough." Gary, the fact has proved that there is NO real free market in the world. Sometimes, governmental intervention is necessary. Griz, I agree with you that both China and US should learn from each other. "There are plenty of things we do in the USA that China could study and adopt...but this isn't one of them." Why can't China adopt similar measure to stimulate the stock market? "Chinese retail investors don’t seem to suffer a loss and they are just complaining that their margins are wiped off due to greed for more wealth in bullish mkt and not being out of mkt at the right time. " Yes, Marrie. These retail investors are blind. When the stock market is bullish, they invest much money in to make profits. However, they don't realize the recent slide in the stock market. Just look at Buffett and Li Jiacheng, they both sold many shares of Chinese companies last year. At present, they lose less in the stock market. [/quote]
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