Twenty Years Ago, an Expert Criticized the CCP’s Stock Market for Being Even More Uncertain Than a Casino. Never Thought the CCP’s Fiddling of the Stock Market Would Be Even Worse After 20 Years.
n January 2001, Wu Jinglian, an economist from the Communist Party of China, said in an interview with CCTV: “China’s stock market is similar to a casino and it is not regulated well. Even a casino has its rules to follow, such as you can’t glance at other people’s cards. In our stock market, some people are permitted to look at other people’s cards, even to cheat and engage in fraud. The skill which they use to make a deal, hype up the stock market or manipulate stock prices has reached the peak of perfection.”