Politics is downstream from culture Andrew Breitbart

iron fist

China Communist Party’s ‘Iron Fist’ Halts Stock Crash

Despite authorities suspending trading in over 50 percent of domestic stocks, banning large holders from selling, funding state-owned financial institutions’ purchases, and arresting short-sellers, China’s CSI 300 Index crashed in the morning Thursday, before eking out a 2 percent gain by midday.

China Fist (Goh Chai Hin / Getty)