Chinese economist Zhu Hengpeng disappeared after criticizing Xi Jinping, the WSJ reported. He reportedly made comments on China's sluggish economy.

A leading economist in China has vanished from public view after allegedly criticising Xi Jinping’s handling of the country’s economy on a mobile messaging app.

Zhu Hengpeng, a prominent economist at a top Chinese think tank, has reportedly been detained and stripped of his roles after allegedly criticizing President Xi Jinping’s economic policies.

Softening US economic data spurred the Federal Reserve into decisive action this week to support growth. An even weaker set of data out of China has left investors puzzled why its government hasn’t also mounted a concerted response.

First he took a sip of tea to gather his composure. Then Chinese central banker Pan Gongsheng unleashed one of the country’s most daring policy campaigns in decades.Most Read from BloombergUnlocking the Hidden Power of Zoning,

The $6.5 trillion that’s been erased from mainland bourses since a 2021 peak is an epically large price to pay for Beijing’s policies these last few years.

A government adviser was detained and removed from his posts after he allegedly criticized the Chinese leader’s management of the economy.