The Chinese equity market is in dire straits, but don’t worry: The Party’s on it.

Of course, it was the Party’s wildly mercurial approach to regulation, rectification and disciplinary action (and Xi Jinping’s Mao delusions) which put local stocks behind the eight-ball in the first place. But you know what they say: The best person to extricate you from a bad situation is the person who put you in it.

On February 2, Chinese equities capped a rough week with what one mainstream media outlet (the



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