"China's Economy: Internet Scrubbing and Censorship"

1 min read
Source: Yahoo Finance
"China's Economy: Internet Scrubbing and Censorship"
Photo: Yahoo Finance
TL;DR Summary

Chinese authorities are reportedly censoring negative economic coverage from the internet, erasing articles and social media posts that paint a bleak picture of the country's economy. The Ministry of State Security cautioned citizens against believing "false narratives" and emphasized President Xi Jinping's vision. This censorship comes as China grapples with challenges in its property sector, deflation, and an exodus of global investors, raising concerns about national security and outside perception. The crackdown extends to erasing articles and restricting accounts that share pessimistic economic realities, reflecting Beijing's efforts to control the narrative and combat a prevailing "uber-bearish" outlook on China's economy.

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