They have something similar here in the county I live in. In the US, typically a family's largest asset on their balance sheet is their primary residence. Low income families that stay in the housing for longer than a few years will still be able to generate some wealth...
If you think about it, as Warren Buffett says, all investors have a silent partner and it's the government!
China seems to be acting lately less like capitalists and more like socialists with their crackdowns on businesses to "share the prosperity".
Hell, if China sees the US Government nationalizing two of its largest private corporations, it kinda makes the CCP look bad ;-)
News 
Market Data 
Discover 
AI
