Chinese turn U.S. embassy post into 'Wailing Wall' for stock plunge
news.yahoo.com
Many Chinese are venting their frustration at the slowing economy and the weak stock market in an unconventional place: the social media account of the U.S. Embassy in Beijing. A post on Friday on protecting wild giraffes by the U.S. embassy on Weibo, a Chinese platform similar to X, has attracted 130,000 comments and 15,000 reposts as of Sunday, many of them unrelated to wildlife conservation. "Could you spare us some missiles to bomb away the Shanghai Stock Exchange?" one user wrote in an repost of the article.

BEIJING (Reuters) - Many Chinese are venting their frustration at the slowing economy and the weak stock market in an unconventional place: the social media account of the U.S. Embassy in Beijing.

A post on Friday on protecting wild giraffes by the U.S. embassy on Weibo, a Chinese platform similar to X, has attracted 130,000 comments and 15,000 reposts as of Sunday, many of them unrelated to wildlife conservation.

“Could you spare us some missiles to bomb away the Shanghai Stock Exchange?” one user wrote in an repost of the article.

The Weibo account of the U.S. embassy in China “has become the Wailing Wall of Chinese retail equity investors”, another user wrote.

The U.S. embassy did not immediately respond to a Reuters request for comment.

  • Troy@lemmy.caEnglish
    211·
    10 months ago

    They also overbuilt infrastructure and entire housing complexes sit empty. So is it both?

    • Hyperreality@kbin.social
      401·
      10 months ago

      Housing which is shit and often unsuitable for habitation:

      https://en.wikipedia.org/wiki/Tofu-dreg_project

      And to be clear, they’ve built a lot of infrastructure, but it’s often underbuilt. Eg. they’ll build huge projects or even residential districts, but save money by not ensuring there’s sufficient drainage. Result: fancy stadium, looks better than many a western stadium, cost less to build, fancier, looks higher quality, what you see may even be better quality, built in record time, but when it rains everyone’s walking in poo water.

      • naturalgasbad@lemmy.caEnglish
        81·
        10 months ago

        Southern and central China are drowning. Since June 18, the regions have suffered their worst bout of flooding in a decade, furthered by a category 4 typhoon that hit the mainland after sweeping through Taiwan Friday morning, local time.