China Directs Brokerages to Monitor Chief Economists for Inappropriate Views Amid Economic Concerns

China's regulatory environment for economists has tightened as the country aims to reshape perceptions of its struggling economy. A directive from the China Securities Journal revealed that the main securities industry body has instructed brokerages to ensure their chief economists promote official policies and enhance investor confidence. This move includes monitoring speeches by top economists and potentially terminating those who express views deemed 'inappropriate.' Economists at leading brokerages have reportedly begun aligning their commentary more closely with the government's stance, reflecting increased scrutiny. Despite this, some executives continue to heed independent economic analysis.