(AF) Beijing has stamped out financial blogs and social media, choking off a valuable source of data that had helped eliminate some of the opacity about markets in the world’s second-largest economy, the Financial Times reported.
The latest salvo in an authoritarian clampdown on parts of the economy that has also hit the fintech, private education, gaming and consumer tech sectors saw the Cyberspace Administration seek to stymie pessimistic comments and market sceptics, the report stated. Full report: Financial Times
Also on AF:
The Hit List: How China’s Crackdowns Have Cost Its Firms Billions
