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China's Black Monday


Guest realmayo

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Posted

I just watched the CCTV news and there wasn't a single mention of this whole stock market crash. It was a pretty slow news day too, but evidently the editors at CCTV news thought that expensive mooncakes and a flood in Turkey was more relevant to Chinese viewers than their stockmarket tumbling for the second day in a row. I did read after the first big drop last month that China's stockmarket makes up a much smaller proportion of the economy than in most western countries and also that only around 5% of the population have invested, so maybe the perfidious western media are making a mountain out of a molehill in a dastardly attempt to destabilise the government, but still, you would have thought that it was at least worth a passing mention!

Posted

I don't think the Propanganda Department would approve of that, coming so close to the big military parade and all.

  • Like 1
Posted

Wait. Expensive moon cakes? That sounds like a story that needs more coverage. Like on a yearly basis.

  • 2 weeks later...

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