One thing that annoys me is the Chinese government's insistence on pursuing people engaged in "Share Dumping". If there is the potential of future returns in the form of dividends, then any shares "dumped" would be quickly picked up by people seeking to get a return from those shares. The market would quickly find a level which reflects the underlying value of those companies.
I"m wondering whether what we are actually seeing is a bubble returning to it's underlying justifiable value?