{"id":18303,"date":"2016-02-26T13:23:18","date_gmt":"2016-02-26T18:23:18","guid":{"rendered":"http:\/\/olduvai.ca\/?p=18303"},"modified":"2016-02-26T13:23:18","modified_gmt":"2016-02-26T18:23:18","slug":"as-chinas-economy-craters-economic-data-starts-to-disappear","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=18303","title":{"rendered":"As China\u2019s Economy Craters, Economic Data Starts to \u201cDisappear\u201d"},"content":{"rendered":"
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As China\u2019s Economy Craters, Economic Data Starts to \u201cDisappear\u201d<\/a><\/h3>\n
\"Screen<\/div>\n<\/header>\n
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For several years now, I\u2019ve periodically observed\u00a0that China\u2019s\u00a0increasingly aggressive\u00a0crackdown on dissent serves as a harbinger of\u00a0far more\u00a0difficult\u00a0times ahead. The thinking goes that\u00a0if anyone is privy to the severe\u00a0fragility of the country\u2019s economic situation, it would be\u00a0Chinese leadership. As such, desperate moves by Chinese leadership should\u00a0foretell drastically\u00a0worse economic and social conditions.<\/strong><\/em><\/p>\n

The scramble to crack down on dissent has become so intense, Chinese authorities seem to be now exerting illegal force against residents of Hong Kong. Of course, this story is long in the making, as the massive protest that broke out a little over a year ago known as the \u201cumbrella revolution,\u201d was in fact a protest against Beijing\u2019s moves to ensure that Hong Kong leadership remain loyal puppets to the authorities on the mainland.\u00a0<\/strong><\/em><\/p>\n

\u2013 From the post:\u00a0Hong Kong Publishers Reportedly Being Kidnapped by Chinese Authorities and Taken to the Mainland<\/strong><\/a><\/p>\n

When it comes to the Chinese economy, you can always tell how bad the situation is based on the panicky actions of the authorities. If the latest moves are any indication, things are not getting any better.<\/p>\n

The\u00a0New York Times<\/em>\u00a0reports<\/a>:<\/p>\n

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BEIJING \u2014 This month, Chinese banking officials omitted currency data from closely watched economic reports.<\/em><\/p>\n

Just weeks earlier, Chinese regulators fined a journalist $23,000 for reposting a message that said a big securities firm had told elite clients to sell stock.<\/em><\/p>\n

Before that, officials pressed two companies to stop releasing early results from a survey of Chinese factories that often moved markets.<\/em><\/p>\n

Chinese leaders are taking increasingly bold steps to stop rising pessimism about\u00a0turbulent markets<\/a>\u00a0and the slowing of the country\u2019s growth. As financial and economic troubles threaten to undermine confidence in the Communist Party, Beijing is tightening the flow of economic information and even criminalizing commentary that officials believe could hurt stocks or the currency.<\/em><\/strong><\/p>\n<\/blockquote>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

As China\u2019s Economy Craters, Economic Data Starts to \u201cDisappear\u201d For several years now, I\u2019ve periodically observed\u00a0that China\u2019s\u00a0increasingly aggressive\u00a0crackdown on dissent serves as a harbinger of\u00a0far more\u00a0difficult\u00a0times ahead. The thinking goes that\u00a0if anyone is privy to the severe\u00a0fragility of the country\u2019s economic situation, it would be\u00a0Chinese leadership. As such, desperate moves by Chinese leadership should\u00a0foretell drastically\u00a0worse […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[130,3484,5101,4285,6174],"class_list":["post-18303","post","type-post","status-publish","format-standard","hentry","category-economics","tag-china","tag-dissent","tag-economic-data","tag-liberty-blitzkrieg","tag-michael-krieger"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/18303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18303"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/18303\/revisions"}],"predecessor-version":[{"id":18304,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/18303\/revisions\/18304"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}