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One of China's most well-known economic gurus, Wu Xiaobao, had his account suspended. The number of subscribers to his internet account was around 5 million. Additionally, Caixin, China's top business journal, routinely featured Wu's columns, and he wrote more than a dozen well-known books, including the one about the development of Tencent Holdings.
Experts in Europe and the United States believe that the recent crackdown on economic watchers is a continuation of the drive launched in 2021 to restrict any professionals who voiced a gloomy or critical assessment of the economy.
Due to his excessively pessimistic views on the stock market, BoCom International, a state-owned brokerage firm, sacked Hong Hao, one of the most esteemed stock market analysts, last year.
source: reuters.com
Experts in Europe and the United States believe that the recent crackdown on economic watchers is a continuation of the drive launched in 2021 to restrict any professionals who voiced a gloomy or critical assessment of the economy.
Due to his excessively pessimistic views on the stock market, BoCom International, a state-owned brokerage firm, sacked Hong Hao, one of the most esteemed stock market analysts, last year.
source: reuters.com