The SNS accounts of embassies in China in major countries such as the United States, India, and India are becoming a ‘wailing wall’ for Chinese ants.
According to CNN on the 6th, tens of thousands of Chinese people flocked to the US Embassy in China’s SNS account to express their anger over the Chinese stock market crash.
The U.S. Embassy in China posted a post about giraffe protection and habitat on the 2nd, and as of 1 p.m. on the 6th, the post had 172,000 comments.
Considering that the comments on the U.S. Embassy’s posts usually number in the hundreds to thousands, this is an explosive response.
Chinese people left comments on the post with content unrelated to giraffe protection, such as “Please save Chinese stocks,” “Please bail out investors through diplomatic means,” and “Please save us, every day is difficult.”
One netizen quoted the first line of the Chinese national anthem, “Rise up, all you who refuse to be slaves,” and wrote, “Rise up, all you giraffes who refuse to be slaves.”
Afterwards, many comments were presumed to have been deleted by censorship, and the latest comments include support for friendly relations between the United States and China. The Chinese authorities’ censorship of comments on posts is interpreted as being conscious of criticism of the recent economic downturn and stock market turmoil.
However, Chinese netizens flocked to the SNS account of the Indian Embassy in China. On the 2nd, netizens began leaving comments on posts related to cultural events scheduled to be held by the Indian Embassy. In the comments, they expressed opinions such as “Please forgive us for being frogs in the well all this time,” “Great country, great financial market,” “Can I freely comment here?” and “I envy the Indian stock market.”
The number of comments on this post was approximately 6,000, which greatly exceeded the tens to hundreds of comments on posts posted by the Indian Embassy.
Some netizens responded to a post posted by the Japanese Embassy in China on its SNS account with comments such as “Financial refugees are passing by,” “I ask Japan, please save our Chinese people,” and “An earthquake for Japan, a stock market disaster for us.” It was also added.
Chinese investors, estimated at about 220 million, are flocking to social media accounts to complain as stock prices continue to plummet. This appears to be related to the government’s ban on writing posts on social media that mention economic decline.
Meanwhile, regulators led by the China Securities Regulatory Commission plan to update top leadership, including Chinese President Xi Jinping, on market conditions and the latest policies on this day.
Bloomberg reported that this is an example of how urgent the Chinese government regards the recent plunge in its stock market as an issue, suggesting that there is growing pressure on the authorities to prevent the decline in stock prices.
The benchmark CSI 300 index fell to its lowest level in five years earlier this month. The Chinese and Hong Kong stock markets have lost $7 trillion in market capitalization since peaking in 2021.
(Beijing = News 1)
Source: Donga
Mark Jones is a world traveler and journalist for News Rebeat. With a curious mind and a love of adventure, Mark brings a unique perspective to the latest global events and provides in-depth and thought-provoking coverage of the world at large.