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China shuts down social media analysts after harsh criticism of the country’s economy

News Snapshot:

Chinese government freeze the account of a well-known market analyst Hong Hao after criticizing economic situation and government policy. The freeze took place after Hong Hao sent an upload on the outflow of foreign capital (capital outflow) which is great from this country. He also predicted a decline in the Chinese stock market on social media. “All content has been blocked. Users are not allowed to use the account,” Hong Hao’s WeChat account was quoted as saying. CNN on Monday (2/5). The notification also said Hung Hao’s account had “violated” the government’s Internet rules without elaborating. WeChat also does not…

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