China Implements Social Media Censorship Amid Stock Market Plunge During Two Sessions

[Asia Economy Reporter Yujin Cho] Bloomberg reported on the 10th (local time) that China has started censoring social media as the stock market plummeted during the annual major political event, the Two Sessions.

On that day, when entering 'stock market' in the search bar on Weibo, the Chinese version of Twitter, no search results appeared.

The report stated that keywords such as 'plunge,' 'A-shares,' and 'stocks' are also unsearchable, indicating that these terms are being censored.

Additionally, instead of reporting on the stock market plunge on the front pages of major Chinese economic newspapers that day, only President Xi Jinping's remarks on national defense during the Two Sessions were featured as major articles.

It was also reported that when the Chinese stock market plunged after former U.S. President Donald Trump announced additional tariffs on Chinese exports in 2019, news saying "the bull market will resume" filled the coverage instead of mentioning the stock market plunge.

Earlier, the CSI300 index on the Chinese stock market plunged 14% compared to April 10th, when it recorded its highest level in 13 years, wiping out all gains made this year.

This content was produced with the assistance of AI translation services.