2021-08-30

Where'd the China Econ Content Go?

I started blogging heavily here about 10 years ago. Chinese sources of information were superior to Western media, which was stuck on a narrative as accurate as Russiagate and coronavirus didn't come from a lab. Western media was saying China would unleash stimulus to boost growth. Chinese officials and media made it clear that China would focus on quality over growth as the economy slowed. While the CCP did go back on its word several times and never got around to serious reforms in the direction of opening up, instead slapping on strict capital controls to prevent currency collapse, they were far more accurate than Western reporting.

Chinese media was remarkably open on economic and financial topics into the 2010s. It hasn't been that way for a couple of years now, starting around the time the trade wars intensified. Chinese economic coverage, like its counterparts in the West, increasinlgly serves the regime. Dark times are coming to the entire world. Truth is cheap in price and priceless in value, if you can find it.

ZH: China Is "Cleansing" Online Content Of Anyone Critical Of The Country's Economy

This week the country began a two-month campaign targeted at cracking down on "commercial platforms and social media accounts that post finance-related information that’s deemed harmful to its economy," according to Bloomberg.

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