Letters and Blogs

Plan to help the disadvantaged

Comment on "More than just income gap to bridge" (Jan 27, China Daily)

Perhaps the authorities can take a look at the national equities ownership scheme as practiced in Malaysia. Summarily, the authorities can set up a national body to implement and manage this scheme. The State can start by granting funds to the body to help it acquire equities from stock exchanges when prices are deemed low. An indirect effect of this would be the stability of equities when the market crashes.