Chinese economist suggests China is spending more to raise birth rate , blocked on social media | Local Business News | abc News SINGAPORE — China suspended the social media account of a popular Chinese economist days after an article he wrote suggesting the country is spending $ 314 billion to increase its fertility rate became viral online. Ren Zeping, a former economist at the Development Research Center, which is supervised by the Chinese firm, with more than 3.5 million followers on the Weibo-like Twitter platform, had his account suspended . Visitors to Mr. Ren ’s account were greeted with…