What China's Stock Plunge Means For Its Government

05:16

July 29, 2015

A Chinese stock investor monitors share prices at a securities firm in Fuyang, in China's Anhui province on June 19, 2015. Shanghai shares plunged 6.42 percent on June 19, ending a torrid week as the benchmark index was hit by tight liquidity and profit-taking after a powerful surge over the past year. (STR/AFP/Getty Images)

It's been a bumpy ride for China's stock market this summer.

This week it's been especially yoyo-like, plunging and rebounding, as the government intervened. Meanwhile, there's social turmoil as well, with a state clampdown on dissent, including the detention of more than a hundred lawyers in recent weeks.

David Dollar, a senior foreign policy fellow with the John L. Thornton China Center at the Brookings Institution, speaks with Here & Now's Jeremy Hobson about what all this means for stability and confidence in the Xi Jinping administration.

Guest

David Dollar, senior fellow with the John L. Thornton China Center at The Brookings Institution. He tweets @davidrdollar.

This segment aired on July 29, 2015.