The Politicization of Laws and Law Enforcement in China's Stock Market

By analyzing the contents of China's securities-related laws and the enforcement actions taken by China Securities Regulatory Commission, this paper argues that the legislation and enforcement of securities-related laws and the regulation of stock market are politicized by the ruling party and the government to promote their political agendas instead of investors' interests. This paper further shows that such politicization has caused some serious consequences for China's stock market and economic growth.