China restricts prominent economist Ren Zeping's social media account

• Ren Zeping's WeChat account has been restricted from new followers due to unspecified violations.
• The account's content remains accessible to existing followers, but new users cannot follow it.
• The restriction was noticed by Chinese internet users on Saturday, October 24.
• Ren Zeping is an independent economist and founder of "Zepin Macro."
• He is also Vice President of the China Private Economy Research Association and Chief Economist at Zhongyuan Bank.

Ren Zeping, a prominent Chinese economist and founder of "Zepin Macro," has had his WeChat official account restricted from receiving new followers due to unspecified violations, according to reports on October 24. Internet users noticed the restriction on Saturday, with the account no longer searchable on WeChat and new followers unable to subscribe. While existing followers can still access content, posting has also been suspended. Ren Zeping is also the Vice President of the China Private Economy Research Association and Chief Economist at Zhongyuan Bank. This action comes amid increased regulatory scrutiny of financial influencers in China. In July, Ren Zeping was involved in a controversy regarding significant losses incurred by paid members of his VIP group.