Chinese economists’ social media on ice after critical comments spread like wildfire
Two Chinese economists have seen account restrictions after transcripts of speeches questioning official data garnered attention online
Two Chinese economists known for their frank talk have kept uncharacteristically quiet in recent days, as both appeared to receive social media suspensions after critical comments about the country’s prospects garnered widespread attention.
Fu Peng, chief economist at brokerage firm Northeast Securities, has stayed under the radar after challenging official rhetoric painting a rosy picture for China’s growth outlook.
In a speech at a closed-door event in late November – and a widely circulated transcript of the address afterward – he said China needs to bite the bullet in preparation for an inevitable stall.
As of Friday, Fu’s WeChat account cannot be followed.
A source from Northeast Securities said Fu would not be making “any public appearances for the time being,” as public “misrepresentation” has caused “considerable distress”.