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Don't Mistake China's Stock Market For China's Economy

This article is higher quality than the other ones we have seen in the past few weeks. Not in term of opinions, but in the fact that it actually delved into details and specifics such as Chinese stock market composition and looked at its effect from a broader perspective. Plus, no politics is...

The document is titled "上海证券市场投资者结构与行为报告（2013）" Page 2, section 2 states that while private accounts for the ordinary citizens account for 93.2% of the accounts in the market. Their total value is about 7.5% of the total market value. The Chinese stock market is divided into the following...

The total investment of "the lowly peasants" consists of only 7.5% of the value in Chinese stock market. You don't go through the effort and risk getting a 20 year prison sentence for a <7.5% profit margin.

You do, of course, realize that the picture is a vaguely Turkish man jumping out of the window right? Thank you, someone that understands. Chinese stock market has been detached from actual economy since its conception.

Geez, the traditional American "surprise" backstab to allies came a bit too quickly this time, even by US standards. Heck, US waited at least a decade before backstabbing USSR and China (okay, it is less than a decade for USSR), but five years is the least it can do for Vietnam.

Meh, I consider Greece's vote a greater comedy just this year alone.

1. The article has nothing to do with innovation. 2. The ban is due to copy-right violation. As the unlocked Xiaomi and LeTV are used to view user uploaded shows that violate broadcasting rights.

This is one problem I have with the US elective system is that in addition to your normal duties of making decisions to govern the nation, you are also burdened with the necessity with keeping your financial supporters, such as corporate entities, happy. The normal duty is difficult enough. With...

I can't find a Chinese source for this. Chinese website that hosts this piece of news all claim it comes from foreign media. While there is a still a good possibility of HQ9 deployment to Chinese border, the timing is a bit strange.

Unfortunately, things are not always clear cut. Take the example of the conflict sometimes occur between upholding justice and current well-being of the society. The decision maker is actually required to compare the merit and utility of things difficult to quantify and evaluation (such as the...

It is not just anti-China. The Turkish protest is anti-anyone who is perceived to be in the way of Turkish interest. For example: Not exactly a smart choice of direction if you ask me, because the last country that managed to actually tick off all five of the UN permanent security council...

Utilitarianism has some negativity associated to it, like end justifies the means. Fiction book writer loves to use it as a plot device as contrast to the hero's "pure" ideology. Personally, I believes that those examples are rather gross misrepresentations. Utilitarianism by no means preclude...

Times change. Most of nation today operates differently than how they operate half a century ago. One thing I would like to note is that human political systems are subject to constant evolution and the present day system will eventually become out-dated, but eventually adapting new system more...

There are ideology conflicts in CCP in its early days, but eventually, the idea that won out is that Chinese system must be the one most suitable for Chinese needs. Karl Marx puts forth an interesting and influential theory, but he is not even a politician let alone one that is experienced with...

The very basis of the problem is assuming the choice of a population is the right choice. The African Americans voting for Obama without considering actual policy is a more dramatic case of it, but at the root lay with the fact that the more popular choice is by no means the right choice. The...

I lived in both US and Canada. I have seen news in other countries with various forms of elective government. I can honest say that it is BS to believe that the majority (or in some case, slightly bigger group) opinion of the mass can determine the best outcome for complex endeavors such as...

Not surprising. The vote is equivalent of asking the lazy to vote whether he should work. Since he isn't starving yet, there really is only going to be one result. Well, tough luck for the Germans and Frenches. This is a rather bad precedence for EU.

Strategic bomber is on the list, but it is unrelated to the SCS or East China sea conflict. Those conflicts are of a different nature from the ones require strategic bomber. SCS and East China sea only involves minor powers, hardly worthy of the nuclear arsenal. The strategic bomber is aimed at...

The author has a few points, but overall, it shows that he has limited understanding on most aspects of China. I wouldn't waste my time here explain----for the dozens of times---the exact nature of the second five year plan (the one called by great leap forward) and its success, fail and lessons...