Shanghai Censors Social Media on Housing Market

Shanghai authorities are intensifying censorship of negative social media posts about the housing market, aiming to manage public perception amidst the ongoing property crisis. In a recent campaign, over forty thousand posts were removed from platforms like Xiaohongshu and Bilibili for violating online rules, including misinterpreting policies, advertising fake low-priced homes, and causing panic. China is also stepping up efforts to control the narrative around its struggling property market, with two major private data agencies reportedly withholding monthly home sales figures at the governments request, raising concerns about transparency.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.