Stock Market Crash: Communist Party shielding the country’s “red aristocracy”, not its people
China’s recent stock market crisis has exposed the flaws in President Xi Jinping’s economic policies. Party-controlled media have praised government leaders, but analysts and experts view large-scale government interventions as a “step backward”. The crisis needs urgent political reform, which the party has rejected so far. What follows is an analysis by a great China expert, courtesy of the Jamestown Foundation.








