&gt; So why are people then trading stocks in China<p>Non-rich Chinese people are doing that because the government has been pushing it pretty hard (think the way state lotteries are pushed in the US, or fantasy sports, with pretty much the same returns, really).<p>Oddly enough, said non-rich Chinese people are also the ones China is trying to protect with its market stabilization efforts, or so it claims.  I&#x27;m really not quite sure what they _think_ they&#x27;re doing there.<p>Apart from that, it&#x27;s pretty much all people looking to make a quick speculative yuan.