This is going to creep you out. As you all know, yesterday was the 23rd anniversary of a rather tragic day in China’s recent history. June 4th 1989 was the day the army moved in on the student protesters in Beijing with tragic results. And ever since then, the government has been trying its best to sweep all mention of that day under the proverbial rug and pretend it never happened. And so any attempt to Google sensitive words such as “Tiananmen” or “June 4″ or “6.4″ will reset your browser for a few minutes.
But yesterday, Chinese netizens trying to find out how the Shanghai stock market had performed would have got an unexpected response. You see, the phrase “Shanghai composite index” had become a sensitive no go area. Why on earth would this be the case? Well, because yesterday, on the 23rd anniversary of “the June 4 incident” the Shanghai composite index fell. It fell by 2.7%. But it’s not the percentage that was causing the problem, it was the absolute amount it fell. You see, on June 4th 2012, the composite index fell 64.89 points. (Cue the music from “The Twighlight Zone”).