A well-known economist in China has been put under investigation and removed from his jobs after he allegedly criticized the country's leader, Xi Jinping. Zhu Hengpeng, who worked for over ten years as the deputy director at the Institute of Economics within the Chinese Academy of Social Sciences (CASS), reportedly made these comments in a private chat group.
This incident comes at a time when the Chinese government is tightening its grip on negative comments about the country's economy. Right now, China is facing serious economic troubles, with a slow recovery from a slump in the real estate market and low confidence from consumers and businesses. Many experts believe that these issues are made worse by Xi Jinping's policies, which have focused on increasing state control and reducing what he sees as excessive capitalism, all while trying to protect China from foreign threats.
Under Xi's leadership, the Communist Party has been cracking down on any dissenting voices. This i...
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