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我那篇关于中国股票市场黑幕的文章,在美国《当代中国研究》上发表后,正赶上股票市场暴跌,我的观点开始引起国人注意。我认为,决定股票市场有两个因素,一是资金,二是制度。牛市的出现关键在于资金,只要有资金进入,制度好不好无所谓。而且在牛市时,大家都能赚钱,都很高兴。一般很难健全制度,制度的问题被掩盖了。政府既然想利用股票市场为国有企业融资,就只能维持牛市,也必然
My article on the shady aspects of China’s stock market was catching up with the stock market plunge after my publication on the Contemporary China Study. My point of view began to draw the attention of the people. In my opinion, there are two factors that determine the stock market. One is capital, and the second is the system. Bull market is the key to the emergence of funds, as long as the funds to enter, the system does not matter okay. And in the bull market, everyone can make money, are very happy. In general, it is very difficult to improve the system. The problems of the system are covered up. Since the government wants to use the stock market to finance state-owned enterprises, it can only maintain a bull market and inevitably