This study examines the controversy surrounding Hololive VTuber
Kiryu Coco’s 2020 livestream incident, which sparked accusations of anti-
China sentiment in China. An analysis of related posts on the Chinese website
Zhihu reveals that consumer nationalism dominated online discourse. This
phenomenon intertwines patriotic sentiments, in which users see
themselves as both financial patrons and victims, with ACGN subculture and
a geopolitical imagination projecting animosity toward Western countries
and Japan as “the Other.” Meanwhile, a non-mainstream viewpoint seeks to
understand the issue from a global market perspective, aiming to transcend
divisions created by the Great Firewall and advocating for flexible
transnational mobility and consumer freedom. Additionally, following
setbacks in consumer nationalism, such as incidents involving the NBA and
Vitasoy, a trend of disenchantment emerged between 2022 and 2023.