NewsEconomist disappears after criticism of Xi, investigation launched

Economist disappears after criticism of Xi, investigation launched

Zhu Hengpeng, an economist from one of China's leading think tanks, has not appeared in public since April, reports the Wall Street Journal. The expert's disappearance may be related to negative comments he posted online about the country's economic management under President Xi Jinping.

A Chinese economist criticized Xi Jinping's policy. No one knows what happened to him.
A Chinese economist criticized Xi Jinping's policy. No one knows what happened to him.
Images source: © East News | Pang Xinglei

6:27 AM EDT, September 26, 2024

Zhu, 55, was detained in the spring and removed from his duties after publishing "comments about China's flagging economy and veiled criticism of Xi that referred to his mortality" in a private group on the WeChat app, according to "WSJ," citing people familiar with the matter.

It is unclear under what charges the economist was detained or where he is currently located. The newspaper emphasizes that it unsuccessfully attempted to contact Zhu personally and to obtain information about him from organizations he collaborated with, as well as the State Council Information Office.

An investigation into Zhu, who for the past 10 years was the number two at the Institute of Economics at the state-controlled Chinese Academy of Social Sciences and the deputy secretary of the local Communist Party of China (CPC) committee, coincided with intensified efforts by the CPC to suppress negative comments about the state of the country's finances, notes "WSJ."

Zhu's name has disappeared from the staff list of the think tank at the prestigious Tsinghua University in Beijing. The economist's last public appearance was at the end of April at a conference on elderly care organized by the financial magazine "Caixin." At that time, Zhu suggested that China could fill gaps in the burdened pension system by forcing young Chinese people to pay for their parents' pensions and issuing more bonds, reported "Caixin." These comments sparked a debate on social media.

According to earlier plans, Zhu was scheduled to speak on May 25 at a conference at Tsinghua University. Still, his name disappeared from the list of speakers, and another scholar spoke instead. "WSJ" found that Zhu did not appear there, even as a participant.

Former ministers "disappeared"

In recent years, many well-known people in China have disappeared or faced serious consequences after commenting that authorities deemed harmful to the party's image or caused social unrest. Among them are former Foreign Minister Qing Gang and Defense Minister Li Shangfu, well-known athletes like tennis player Peng Shuai, Alibaba founder Jack Ma, and journalists and social activists such as Zhang Zhan and Huang Xueqin.

The CPC is known for using tactics such as forced disappearances, imprisonment without trial, and intimidation to suppress dissent, evaluates the Business Standard portal.

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