Some users say WeChat blocks China Evergrande messaging groups
By David Kirton
ZHUHAI, China (Reuters) - Some instant messaging groups used by people owed money by property giant China Evergrande Group to organize protests and discuss claims have been blocked on Tencent Holdings’ WeChat platform, group members said on Wednesday.
Eight users across at least eight different groups, each numbering around 200 to 500 people, said they were prevented from sending new messages to the groups starting from Tuesday morning. Tencent declined to comment and the Cyberspace Administration of China did not immediately respond to a request for comment.
The crisis at Evergrande, weighed down under $305 billion in debt and in the midst of a cash crunch, poses a challenge for the government. It wants to impose financial discipline but analysts say it is wary of a messy collapse that could fuel unrest by local investors, suppliers and homebuyers.
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ZHUHAI, China (Reuters) - Some instant messaging groups used by people owed money by property giant China Evergrande Group to organize protests and discuss claims have been blocked on Tencent Holdings’ WeChat platform, group members said on Wednesday.
Eight users across at least eight different groups, each numbering around 200 to 500 people, said they were prevented from sending new messages to the groups starting from Tuesday morning. Tencent declined to comment and the Cyberspace Administration of China did not immediately respond to a request for comment.
The crisis at Evergrande, weighed down under $305 billion in debt and in the midst of a cash crunch, poses a challenge for the government. It wants to impose financial discipline but analysts say it is wary of a messy collapse that could fuel unrest by local investors, suppliers and homebuyers.
...
Read More on Datafloq
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