The state, like the Lord, gives and takes away. Russian oligarchs learned the lesson earlier this decade. Now it is China's turn. Beijing this weekend ordered state institutions to transfer shares of listed companies that they own into the social welfare fund.
政府就像上帝一樣，一會兒施捨，一會兒又拿走。俄羅斯寡頭在本世紀之初得到了這個教訓。現在輪到了中國。北京上週末下令國有機構將所持上市公司股票轉移到社會保障基金。
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