Teller Report

China's Ministry of State Security Says "Punishing Illegal Activities in the Economic Security Field"

12/16/2023, 8:49:27 PM

Highlights: China's Ministry of State Security has announced a policy to punish illegal activities in the field of economic security. In it, it is said that "there is no end to the clichés to degrade the Chinese economy" There is growing concern that the media and online speech will be further tightened as the way the economy is perceived is subject to crackdowns. It seems that the nervous side is nervous about the harsh view of the Chineseeconomy amid the uncertainty of the economic outlook and slump in real estate market.

The Ministry of State Security, which cracks down on espionage in China, has announced a policy to punish illegal activities in the field of economic security. In this, "China ...


The Ministry of State Security, which cracks down on espionage in China, has announced a policy of punishing illegal activities in the field of economic security. In it, it is said that "there is no end to the clichés to degrade the Chinese economy," and it seems that the nervous side is nervous about the harsh view of the Chinese economy amid the uncertainty of the economic outlook.

China's Ministry of State Security emphasized on social media on the 17th that economic security is "an important component of national security" and announced a policy to crack down on and punish illegal acts.

In it, he writes, "There is no end to the various clichés that degrade the Chinese economy, and the essence of these phrases is to create a false narrative of 'China's decline' and to continue to attack the socialist system with Chinese characteristics."

Amid uncertainty about the economic outlook against the backdrop of the slump in the real estate market and other factors, it seems that people are nervous about the harsh view of the Chinese economy that is being expressed both at home and abroad.

There is growing concern that the media and online speech will be further tightened as the way the economy is perceived is subject to crackdowns.