PRC: High end does not solve the economy. Fraser Howie, @GordonGChang, Gatestone, Newsweek, The Hill Fraser Howie, co-author of Red Capitalism: The Fragile Financial Foundation of China's Extraordinary Rise, on this: https://www.caixinglobal.com/2025-08-25/cover-story-chinas-stock-market-roars-back-to-life-but-can-it-outrun-economic-gravity-102354993.html