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China's authoritarian government was well-suited for industrializing and creating an export power out of a vast and poor nation. China stocks
hammered as market crash continues. The policies include encouraging mergers and the issuing of more cash dividends, and banning the sell-off of
parts of companies. Everyone is an opportunist in the stock market, and it becomes a gamble. A spokesperson for the China Securities Regulatory
Commission called the bloodbath in Chinese stocks an "irrational sell-off," but some called China's markets a bubble this spring. The old
conventional wisdom about China was that its leaders were omnipotent and brilliant technocrats who were pioneering a new form of modified,
state-oriented capitalism. And what hurts as much as witnessing the pollution of the Internet with bureaucratic interference? These regulations set
rules for wages and hours, gave benefits to unemployed and retired workers, established subsidies for rural farmers and local manufacturers,
insured bank deposits, and created a massive development authority. It is inevitable that there is some overshooting in this process, but the
government should not take the place of the market and put prices on stocks. China's economy has been slowing down. This means the action we
take will be strong enough and flexible enough not only to deal with the realities of today, but also to establish ground rules for the as yet
unimagined. The message is clear: But they must remember that the greatest miscalculations in history are those that underrate the determination of
the power hungry to grab even more power. The country's growth slowdown and market chaos has very quickly undercut that image, and now the
running theory seems to be that the government is run by a bunch of clueless incompetents who are about to crash its economy into the Great Wall.
Over federal regulatory agencies have been created in the United States by the early s, covering fields from trade to employment opportunity. Of
all the government interventions by the Obama administration, the plan released Thursday by the Federal Communications Commission to regulate
the Internet is the worst. There's speculation in the Asian press that it will slide even further. These policies eventually evolved to include
protections against discrimination based on age, race, sex, sexuality or religious beliefs and against false advertisements meant to purposefully
mislead consumers. Chinese investors can even pledge their homes as collateral, according to Bloomberg. Obama said at the time: Don't miss a
minute of opinion. Big shareholders can't sell for 6 months: The government has issued policies to encourage companies to maintain high stock
prices that are not entirely sustainable. Start your day right with the latest news driving global markets, from major stock movers and key economic
headlines to important events on the calendar. Equally galling is the process by which this government takeover is happening. China is even buying
small stocks: Neither characterization has ever really been true. It's controlling impulses are less well-suited for the next stage of development,
however, if it ever wants to become a truly advanced economy with thriving markets that aren't treated as a tool for advancing political interests.
Throughout the 20th century, Congress continued to enact these regulations meant to protect the working class from corporate interests. Many
investors speculated on stocks -- they would borrow money to buy stock because they thought the stock would go up and they would make
enough money to pay back the loan and make a profit. The government is essentially buying stock: Why the sudden change of heart? People rush
to buy when they see the government has certain policies. Now, to be fair, this a very important parade. As the Financial Times reports: Congress
again passed laws in to regulate the production of food and drugs, ensuring that the products were correctly labeled and all meat tested before
being sold. But after a while, Beijing pulled back. FCC Save the Internet: Mao Yushi, honorary director at the Unirule Institute of Economics.
China stopped any new stock listings over the weekend. Investors now have more options to back their margin trades. The country's economy is
also slowing. The founding fathers of the United States wanted to create a nation where the federal government was limited in its authority to
dictate one's inalienable rights, and many argued this extended to the right to the pursuit of happiness in the context of starting one's own business.
A journalist for Caijing , a respected newsmagazine, was detained and forced to apologize on state television for writing an article that the
authorities said may have harmed the market. The CSF also pledge to buy more small and medium-sized stocks, although there was no specific
amount given of how much would be spent. On Wednesday, China's Securities Finance Corporation -- known as CSF -- announced that it will
lend billions to big Chinese brokerage firms so they can buy more stocks. According to the U. And prices promptly tanked again. On Monday,
markets experienced their biggest drops since late August. The goal is to purchase enough shares that stock prices stop plunging. Starting
Wednesday, controlling shareholders and board members are prohibited from reducing share holdings via the secondary market for six months.