"Chinese Protest at U.S. Embassy Over Stock Plunge"

1 min read
Source: Investing.com
"Chinese Protest at U.S. Embassy Over Stock Plunge"
Photo: Investing.com
TL;DR

Chinese citizens are expressing their frustration with the slowing economy and weak stock market on the social media account of the U.S. Embassy in Beijing, with a post about protecting wild giraffes attracting over 130,000 comments, many unrelated to wildlife conservation. The U.S. embassy has been described as the "Wailing Wall" for Chinese retail equity investors, as they use the platform to vent their economic grievances. Chinese authorities often block negative online comments about the economy and markets, and have been trying to calm investors with positive messages, which have sometimes backfired.

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