But, if you were to read the Chinese press, none of that would be evident, as The New York Times reports a government directive sent to journalists in China on Friday named six economic topics to be "managed," as the long hand of China's 'Ministry of Truth' have now reached the business media in an effort to censor negative news about the economy.
The New York Times lists the topics that are to be "managed" as:
- Worse-than-expected data that could show the economy is slowing.
- Local government debt risks.
- The impact of the trade war with the United States.
- Signs of declining consumer confidence
- The risks of stagflation, or rising prices coupled with slowing economic growth
- “Hot-button issues to show the difficulties of people’s lives.”
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