Tencent's Social Media Removes Posts Questioning China's Strong Economic Data - JD.com (NASDAQ:JD), Tencent Holdings (OTC:TCEHY)

Tencent Holdings Ltd's (OTC:TCEHY) social media site WeChat deleted at least two reports by notable economists questioning China's surprisingly strong economic data, Bloomberg reports.
JD.com Inc (NASDAQ:JD) chief economist Shen Jianguang argued over multiple contradictions behind the robust data.
Tencent also removed a similar post by China Evergrande Group's former chief economist Ren Zeping.
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Tencent removed an article critical of Beijing's policies to rein in the "disorderly expansion of capital." The report also criticized the crackdown on Internet platform companies.
On March 15, China reported stronger-than-expected economic data for the first two months, with solid consumer spending, investment, and industrial output growth.
The data revealed investment growth despite the weakening housing market and falling output of essential construction goods prompting some to question the accuracy of the data.
Price Action: JD shares traded lower by 1.37% at $63.20 in the premarket on the last check Thursday.

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