[adventured]

They are entirely lacking experience. China's capital markets are very new. Most of it is still so new it's considered embryonic and barely functional. Mass population speculation on and ownership of stocks is entirely new. Large scale real estate ownership by the Chinese people is relatively new.

30 years ago none of this existed. That's the very definition of inexperienced in the fields we're talking about.

[aerioux]

I mean for a new market it's going pretty well :) - their trading and exchange systems don't seem to be having issues