China launches late stimulus push to meet 2024 growth target.
Chinese authorities must be more wary and vigilant of speculative attacks in China’s financial system. Which are dangerous also for the international financial system.
Such attacks are usually organised by international financial speculation and market manipulation interests, in collaboration with domestic interests. They are characterised by orchestrated hypes with hysteric communication of forward information, especially via the TV media, concurrent with organised asset acquisitions (investment baits), compounding to the artificial inflation of the markets. The culmination of market inflation, follows the timely divestment of the attackers during escalation of the last leg of the hype at huge profit, the sudden pull back leaving the investors holding the paper in the air, the break of the bubble, the public panic and the market crash.
The Athens Stock Exchange, which is a small peripheral market, has still to recover from the devastating speculative attack of 1999, launched right before Greece joined the EMU. 25 years after, China must not fall into such traps and above all, protect its financial and monetary system.
By the way, the stage of the commission of a crime, including financial crime, is irrelevant to the legal designation of commission. The stage of completion (attempted or actual and accomplished) affects the judicial sanction at the level of the penalty ordered, only.
https://english.news.cn/20240927/381bcf81c00a4d658f2a0a65c161d6e8/c.html
