City's internet regulators shut down 70,000 accounts in a 'special campaign' against pessimistic content as real estate jitters continue Shanghai has launched a crackdown on online content that talks ... ( read original story ...)
Shanghai launches clampdown on property market doom-mongering, targeting RedNote, Bilibili
City’s internet regulators shut down 70,000 accounts in a ‘special campaign’ against pessimistic content as real estate jitters continue. ( read original story ...)
Shanghai Censors Social Media Posts Talking Down Housing Market
In less than three weeks, social media platforms Xiaohongshu and Bilibili removed more than 40,000 posts under a “special campaign” to regulate online real estate content, the Shanghai branch of the ... ( read original story ...)
Chinese censors crackdown on online ‘doom-mongering’ of property sector
The Shanghai branch of China's cyberspace regulator said on Tuesday that it removed thousands of online posts for "doom-mongering the real estate market and distorting interpretations of housing ... ( read original story ...)
China’s property market is (somehow) worsening
Yet in more recent months, the market has fallen back into the basement. Prices in China’s 70 biggest cities dropped in October at the steepest monthly rate in a year. Although the record-breaking ... ( read original story ...)
As homes fail to sell in mainland China’s depressed market, sellers turn to superstition
Prayers, talismans and lucky emoji bring hope in a market where second-hand home prices have been falling for more than three years. ( read original story ...)
China considers aggressive new stimulus to rescue property sector amid financial system fears – report
Chinese policymakers are reportedly considering a new, aggressive package of measures aimed at reviving their troubled housing market, as fears mount that the long crisis could now threaten the entire ... ( read original story ...)