Consumer Anxiety in China Undermines Government’s Economic Plans
Through censorship orders, Communist Party officials have been trying to blunt the dire news at home. Not only have the main party newspapers refrained from publishing relevant articles on their front pages, but security officials have shown a willingness to go after Chinese reporters whose stories deviate from the official narrative.
.. He noted that WeChat was particularly popular because it was less “polluted” by posts from government-supported Internet users and because people could easily share news articles on the economy from Western news publications, especially stories already translated into Chinese.
.. “Highly paid professional jobs have been scarce for several years now,” he said, “and many young graduates have depended on their parents’ connections to obtain entry positions in the government or state-owned enterprises. The current downturn will hit graduates without strong connections or specialized skills.”