Yet, for now, investors have faith in the government to navigate this crisis like it has others in recent decades. China’s army of about 160 million retail traders are a formidable force when momentum starts to take off, as seen by a rush into new mutual stock funds as well as ETFs.
As China’s markets continue to defy gravity, the rest of the world can only look on with wonder -- or fear that it could all come crashing down.
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