“…The perceived purposes of the yellow economic circle can be broadly divided into four categories: protest, a resource base, punishment, and economic independence. For example, 14% of the total posts perceived participation in the yellow economic circle as a means to send a signal to the state and demonstrate that there is a form of everyday resistance, pushing for regime change and the democratization of the political system (Tang and Cheng, 2022). Example posts include “Let the government know the people’s voice!” and “When the government uses guns, we the people use money to resist!” 12% of posts framed participation in the yellow economic circle also aimed to build up a political resource base for sustaining the movement dynamic—transforming economic power to political resources and expand political opportunities (Chan, 2022; Chan and Pun, 2020).…”