So long as the markets were rising, the paradox of vigorous capitalist development overseen by the world’s largest and strongest Communist party confounded only academics and old-school Marxists. As the Chinese Communist Party elite and their relatives, foreign financial institutions, and some Chinese small investors (enabled by margin lending) made money on stocks, no one bothered to comprehend the mutant creature they were milking.
伯克利—最近，上海和深圳股市暴跌对中国共产党构成了独特的考验。只要市场保持升势，世界最大最强的共产党掌控有力的资本主义式发展这一矛盾就只会引起学者和老派马克思主义者的困惑。只要中共精英及其亲属、外国金融机构和一些中国小投资者（得益于保证金贷款）从股市中赚钱，就不会有人会去费心理解他们所哺育的怪物。