China Presses Economists to Brighten Their Outlooks

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“You will report the reality the Communist Party says is reality. Everything’s fine. Everything’s great. There’s no “hard landing”. Right?

That’s what we thought.”

(From The Wall Street Journal)

Chinese authorities are training their sights on a new set of targets: economists, analysts and business reporters with gloomy views on the country’s economy.

Securities regulators, media censors and other government officials have issued verbal warnings to commentators whose public remarks on the economy are out of step with the government’s upbeat statements, according to government officials and commentators with knowledge of the matter.

The stepped-up censorship, many inside and outside the ruling Communist Party say, represents an effort by China’s leadership to quell growing concerns about the country’s economic prospects as it experiences a prolonged slowdown in growth.

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