SamuelRSmith on 09 July 2015
| tiffac said:
So China is putting its own treasury into the stock exchange to keep the private companies from collapsing, kinda like a bail out? |
Similar, except it's the PBoC, not the treasury. Pretty sure they're just straight up printing cash to buy stocks with. Also, many companies listed have deep ties to the public sector, not really "private companies"
