China's A-Shares at 100 Trillion Yuan: What's Behind the Surge?

China’s stock market hit a historic milestone this week. The Shanghai Composite Index climbed to its highest level in a decade. At the same time, the total market capitalization of A-shares broke through the 100 trillion-yuan mark, or nearly 14 trillion U.S. dollars, for the first time. What are the main factors driving this rally? Compared with previous bull runs, what feels different this time? And what does this mean for China’s economy and financial market (00:46)? The U.S. national debt surpasses 37 trillion US dollars as President Trump calls on Fed Chair Jerome Powell to lower interest rates (14:34).