BEIJING (Reuters) - Many Chinese are venting their frustration at the slowing economy and the weak stock market in an unconventional place: the social media account of the U.S. Embassy in Beijing.
A post on Friday on protecting wild giraffes by the U.S. embassy on Weibo, a Chinese platform similar to X, has attracted 130,000 comments and 15,000 reposts as of Sunday, many of them unrelated to wildlife conservation.
“Could you spare us some missiles to bomb away the Shanghai Stock Exchange?” one user wrote in an repost of the article.
The Weibo account of the U.S. embassy in China “has become the Wailing Wall of Chinese retail equity investors”, another user wrote.
The U.S. embassy did not immediately respond to a Reuters request for comment.
They also overbuilt infrastructure and entire housing complexes sit empty. So is it both?
Housing which is shit and often unsuitable for habitation:
https://en.wikipedia.org/wiki/Tofu-dreg_project
And to be clear, they’ve built a lot of infrastructure, but it’s often underbuilt. Eg. they’ll build huge projects or even residential districts, but save money by not ensuring there’s sufficient drainage. Result: fancy stadium, looks better than many a western stadium, cost less to build, fancier, looks higher quality, what you see may even be better quality, built in record time, but when it rains everyone’s walking in poo water.