Chinese National Security Forces to Intervene in Financial Sector in Bid to Curb Capital Withdrawal

Chinese National Security Forces to Intervene in Financial Sector in Bid to Curb Capital Withdrawal
A security guard patrols outside the headquarters of the Bank of China in the Xidan shopping area of Beijing on Aug. 7, 2011. Mark Ralston/AFP via Getty Images
Shawn Lin
Updated:
0:00

The Chinese Communist Party (CCP) seeks to use national security forces to intervene in the financial sector, claiming to combat short-selling and other fund withdrawal behavior that results from the country’s depressed economy.

The ongoing downturn in the Chinese economy has triggered a frenzy of stock selling, a reaction by traders to downside risks as they speculate on a downturn in financial markets.

Shawn Lin is a Chinese expatriate living in New Zealand. He has contributed to The Epoch Times since 2009, with a focus on China-related topics.
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