China says economists who spread 'inappropriate' views should be fired

 

 China says economists who spread 'inappropriate' views should be fired


Securities watchdog says brokerages must help 'boost investor confidence'.

HONG KONG -- China has issued a directive to the country's brokerage firms as it aims to change perceptions of its flagging economy: monitor speeches by top economists and fire them if necessary.

Chief economists at Chinese brokerages must "play a positive role in interpreting government policies and boost investor confidence," the industry watchdog Securities Association of China (SAC) told its members last week, according to the state-run financial newspaper .