Chinese stock market trap

The Shanghai index first broke above 2,000 in July 2000 and almost tripled to 6,092.06 on Oct. 16, 2007.  Now it is back to about 2,000.

China has certainly made history by 600% GDP increase and zero stock market gain in 12 years.

Even in the US where there is the highest level of transparency and strong rule of law, insider trading is common.  One can imagine the rampancy of insider trading in semi-lawless China where black-box or gray-box operations are the norm.  Stock trading is a zero-sum game.  Some people must lose if insider traders gain.  Chinese retail investors are eaten alive by pros.   It is just another way that ordinary Chinese are robbed under a corrupted totalitarian regime.