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China's CAC Removes 40,000 Posts in Property Market Crackdown

12/4/2025

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Story summary
  • The Cyberspace Administration of China (CAC) announced a crackdown on online content about the property market.
  • The CAC reported removing over 40,000 posts on RedNote and Bilibili since mid-November.
  • Authorities shut down 70,000 accounts and 1,200 live-streaming rooms to curb 'doom-mongering' and misinterpretations of housing policies.
  • Officials say the crackdown seeks to prevent online panic and restore consumer confidence amid a downturn from developer defaults and incomplete projects.