They learnt it from the best. I understand the Chinese are pushing everyone into the market to support it, and easing margin purchases.
If the U.S. stock market was anything like legit (silly hypothetical), the coming Chinese implosion wouldn't be so dangerous. Hard to say which house of cards will collapse first, and it's scary to postulate how far things will go. I'm guessing Americans that have assets like iras and 401ks and land and anything that can't be moved offshore will suffer the worst.