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Surely the markets took a hit today because the world's financial centers have all been duped by such propaganda. Look, even China-friendly South China Morning Post is in on the con, despicable. https://www.scmp.com/economy/china-economy/article/2178089/c...

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On the contrary, SCMP is HK based and can often be seen to publish articles openly critical of Beijing, despite mainland ownership.

(Edit: response to below: Yes, I think "formerly independent" as Wikipedia states is perhaps a good summary of SCMP's status, but I don't follow China media much. Used to read FEER a lot years ago, that was great but switched to a closed model and the best journos (some of whom I know) all left.)

I get that you're in China and that everything's relative, but we are comparing SCMP to other globally respected mainstream news sources, and with that reference point it tends towards Chinese interests. https://en.wikipedia.org/wiki/South_China_Morning_Post#Contr...

SCMP is about as China critical as one gets in the worldwide press. Sure, it’s not as critical as the newspaper owned by Falan Gong (Epoch Times), but it is comparable to any western one.

Even after the Alibaba article, a significant share of China critical articles that make it to HN’s front page still seem to be form SCMP.

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