Chinese social media companies remove posts ‘showing off wealth and
worshipping money’
Guardian, 17 May 2024
In a statement posted online on Wednesday, Weibo said it had spent this
month carrying out special management work on “undesirable
value-orientated content”, including content “showing off wealth and
worshipping money”. It targeted posts showing off luxury cars and
expensive properties. Posts seen as bragging about wealth and the
freedom that comes with being rich were also removed. Other social media
companies, including Tencent, Douyin and Xiaohongshu, posted similar
statements.
Weibo encouraged users to create “a good community atmosphere of upward
mobility and goodness”.
Douyin said it had removed 4,701 messages and 11 accounts from 1 to 7
May. Xiaohongshu said it had cleaned up 4,273 “illegal” posts in the
past two weeks and closed 383 accounts, and Weibo said it had removed
more than 1,100 pieces of content, according to Chinese media outlet,
The Cover.
Data released from China’s National Bureau of Statistics showed the 2023
income gap in Beijing has reached its greatest value since data
collection began in 1985.
The share of China’s national income earned by the top 10% of the
population is near the US’s 45% and surpasses France’s 32%, according to
the Stanford Center on China’s Economy and Institutions.
Condensed from
https://www.theguardian.com/world/article/2024/may/17/chinese-social-media-companies-remove-posts-showing-off-wealth-and-worshiping-money
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