Why China Has No Choice But To Arrest The Sellers
After dozens of separate interventions, manipulations, and central-planning machinations over the past three weeks, China resorted to threats overnight when it called for the arrest of "hostile short sellers." The reason they went full Orwell, this is the great loss of 'wealth' in China's history...
China's $2 trillion loss in 17 days is the equivalent of 1 India, or...
China has lost 15 Greeces in market cap in three weeks
— zerohedge (@zerohedge) July 8, 2015
In other words, China has to stop the bleeding before it loses another India... or the socially-unrest citizenry will demand gambling returns elsewhere or, absent hope, demand change...
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