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Monday, 4 June 2012

China stocks fall bizarre 64.89 points on anniversary of the bloody June 4, 1989, crackdown in Tiananmen Square -

China stocks fall bizarre 64.89 points on anniversary of the bloody June 4, 1989, crackdown in Tiananmen Square - 

China's censors blocked access to the term "Shanghai stock market" on popular microblogs on Monday after the index fell a bizarre 64.89 points on the anniversary of the bloody June 4, 1989, crackdown on pro-democracy protesters in Tiananmen Square.
In another twist, the Shanghai Composite Index opened at 2346.98 points on the 23rd anniversary of the killings. The numbers 46.98 are June 4, 1989, backwards.
"Whoa, these figures are too freaky! Very cool!" said a microblogger. "The opening figure and the drop are both too creepy," said another.
For China's ruling Communist Party, the 1989 demonstrations that clogged Tiananmen Square in Beijing and spread to other cities remains taboo, all the more so this year as the government prepares for a tricky leadership handover.
Terms related to the anniversary, such as "six four" for June 4, "23", "candle" and "never forget", were blocked on Sina Weibo, the most popular of China's Twitter-like microblogging platforms. Users encountered a message that said the search results could not be displayed "due to relevant laws, regulations and policies".
"It's that day again and once more numerous posts are being deleted," a Sina microblogger wrote. Sina was not immediately available for comment.
The anniversary of the date on which troops shot their way into central Beijing in 1989 has never been publicly marked in mainland China.
The government has never released a death toll of the crackdown, but estimates from human rights groups and witnesses range from several hundred to several thousand.
U.S. State Department deputy spokesman Mark Toner urged the Chinese government on Sunday "to provide a full public accounting of those killed, detained or missing".
Chinese Foreign Ministry spokesman Liu Weimin said the U.S. habit of issuing a statement on each June 4 anniversary amounted to "crude meddling in domestic Chinese affairs".
While state media made no direct mention of the anniversary, the top military newspaper warned the armed forces to be on guard for attempts to sow unrest ahead of the party congress which will handle the leadership transition.
"Enemy forces at home and abroad are going to start something again and use the opportunity for destruction and trouble, and are upping their strategy to westernise and split our country," the Liberation Army Daily said in a front-page commentary.
The government is grappling with the biggest political scandal since the 1989 crackdown, after Chongqing police chief Wang Lijun's flight to the U.S. consulate in Chengdu on February 6 triggered a crisis that toppled the muncipality's party chief, Bo Xilai.


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