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elliuss  ·  3433 days ago  ·  link  ·    ·  parent  ·  post: Greece ‘A Sideshow To China Meltdown,' Ex-BMO Chief Economist Says

I think it just speaks to the mindset of the Chinese government in general. The whole thing is built on centralized control, and they seem to hold the belief that they can "control" markets in the same way they control politics etc. I agree that it's odd and frankly stupid, but I don't consider it surprising.