The financialization rush : responding to precarious labor and social security by investing in the Chinese stock market

China has recently aligned itself with the current configuration of global capitalism. To make up for the delay, the country rushed, adopting a new process of financialization that, after an explosive jump, eroded the previous social economic order. As a result, China has erupted onto the scene of variegated capitalism. The emergence of China represents one of the most striking disruptions to "old spatial hierarchies" of capitalism (Mezzadra and Neilson 2013b: 9). While China seeks to gain a dominant position in the new global circuits of finance, it has like other countries been forced to confront new forms of accumulation that are increasingly intermingled with the exigencies of logistics and extraction (ibid.). In this context, the Chinese stock market has become a privileged and strategically important site within contemporary capitalism.