China punishes 197 over stock market and Tianjin 'rumours'
China punishes 197 over stock market and Tianjin 'rumours'
Chinese authorities have punished 197 people for spreading rumours online about the recent stock market crash and fatal explosions in Tianjin, according to state news agency Xinhua.
A journalist and stock market officials are among those arrested, Xinhua said. It gave no other details.
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Separately, the UK's Financial Times says Chinese leaders feel they mishandled their stock market rescue efforts.
The paper, quoting an account of a meeting of senior regulatory officials on Thursday, said the government had decided to abandon attempts to boost the stock market and instead step up efforts to punish people suspected of "destabilising the market".
http://www.bbc.com/news/world-asia-china-34104114
"It's not the paper dragon we built; that is to blame. It's the people who are talking about the fact we built a paper dragon that need to be dealt with!"
Does anybody know the Mandarin word for "face-palm"?