Why Soros and Xi don’t see eye to eye? The 2015 Chinese stock market crash was said to be a financial coup orchestrated by the Jiang Zemin faction by short selling Chinese stocks. It started on Xi Jinping’s birthday, June 15, 2015. Within a few weeks, Chinese stock market lost 30% in value. Despite national rescue efforts, the Shanghai Stock Exchange (SSE) index dropped again in August, over 8% in one day. George Soros was said to have played a part in it. It looks like Soros is involved in the Chinese factional politics now. And the movie star Vicki Zhao Wei is also implicated in the political infighting.
This is the sequel to my previous video “Why Xi Jinping doesn’t trust capitalists” https://youtu.be/TTQfbELfnnA,
Time Codes:
0:00 Soros vs. Xi
0:43 Soros short selling China
2:21 2015 Chinese stock market crash
4:43 CITIC’s role
9:05 Vicki Zhao Wei
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We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories.
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References:
English References:
https://www.forbes.com/sites/sarahsu/2016/07/13/chinas-stock-market-crash-one-year-later/?sh=2506323b5503
https://www.globaltimes.cn/content/1166080.shtml
https://www.ft.com/content/d129f728-f93d-11e8-af46-2022a0b02a6c
Chinese references:
https://world.huanqiu.com/article/44dIZMGsVoM
https://www.secretchina.com/news/b5/2021/09/06/982884.html
https://news.fx678.com/C/20150626/201506261503001703.shtml
https://finance.qq.com/a/20141205/052794.htm
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