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LinkAsia | Apr 10
China is worried about a real estate bubble. Housing prices have been rising by double digits in almost every Chinese city, and in Beijing alone ha...
Speaking of China, the 23rd anniversary of the June 4, 1989 Tiananmen crackdown passed as usual. Police reportedly rounded up human rights activists in Beijing and elsewhere to prevent any protests. Censors blocked social media posts that used evocative words like June 4, or the number 23.
Back in 1989, students in Beijing occupied Tiananmen Square for more than a month demanding democracy and an end to corruption. On June 4th, the Communist Party leader Deng Xiaoping ordered the army to crush the occupation. Hundreds were killed, and many were jailed.
This week in Hong Kong, tens of thousands held a candlelight vigil in an annual demonstration against the crackdown. And here's something spooky. Shanghai's stock market closed down 64.89 points on the anniversary day. As in 6th month, 4th day, year 89.
Coincidence? Or did someone at the exchange make a gesture of protest?