There Are Now More Stock Traders in China Than Communist Party Members
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Stock investors of the world unite! For the first time in modern China, you outnumber the Communists.
The nation’s $8.1 trillion equity market now has more than 90 million individual investors, according to China Securities Depository and Clearing Co. That compares with 87.8 million Communist Party members at the end of last year, the state-run Xinhua News Agency reported June 29, two days before the 94th anniversary of the party’s founding.