China Threatens Its Economists And Analysts To Only Write Bullish Reports, Or Else
When it comes to dealing with the mass media and its impact on public confidence, China has a long and illustrious history of not beating around the bush. Last summer around the time its stock market bubble started to crack, Beijing banned the use of such terms as "equity disaster" and "rescue the market." Then earlier this year, China's president Xi Jingping visited the country’s three big state news organizations, Xinhua, the People’s Daily and China Central Television, to lecture them on the need to toe the party line, "tell China’s sto