06-03-2016 12:37 via rocketnews.com

Delegate tells China parliament stock crisis ‘destroying middle class’

By Shu Zhang and Pete SweeneyBEIJING (Reuters) – A Shanghai representative to the National People’s Congress (NPC) on Sunday lambasted China’s market regulators for igniting a stock crisis that is “destroying the Chinese middle class”, a rare rebuke for authorities during their biggest annual event.
“The ten years of stock market development since 2007 is a decade of tears for Chinese investors,” Fan Yun, a Shanghai businesswoman said during an open sess
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