[cityhantam]

Xi Jinping: China to establish new stock exchange in Beijing

[winbig]

Wow how come need so many stock exchange?

[Harry Lee]

He is supporting SMEs to innovates and grow unlike elsewhere you die your problem and sometimes throw spanners too

[Niubee]

Good move. To prevent big companies keep eating up SME to prevent competition. Look at Google, Amazon, Microsoft...They are eating up companies to prevent future competition and hollow out industries...

[cityhantam]

https://youtu.be/E1GUP627Hmw
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[justdoit2]

Good move. To prevent big companies keep eating up SME to prevent competition. Look at Google, Amazon, Microsoft...They are eating up companies to prevent future competition and hollow out industries...

When companies become too big and eat up the smaller companies, the industry will be dominated by a few big companies and that industry will become anti competitive.

It is a good to induce companies to be competitive by preventing monopolistic practice and yet allow companies to be innovative.

It is a fine balance.

[Yin yang]

China is so big n millions of mid class pursuing their dreams to b entrepreniers....the chib ddddddddddddddddnese r known to b good in biz..like all the other countries where chinaman domjnate the economy