Chinese authorities have arrested nearly two hundred people for allegedly spreading rumors online about the China’s stock market turmoil and the fatal warehouse explosion in Tianjin.
The latest announcements come as China is trying to boost its stock markets, which have plunged some 40% since mid-June.
Journalist and stock market officials arrested
According to state news agency Xinhua, Chinese authorities have arrested 197 people for spreading rumours online about the recent stock market crash and deadly chemical factory explosion in Tianjin.
According to Xinhua, a journalist and stock market officials are among those arrested.
State media reports that roughly 165 online accounts have been shut...
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