Dealing with market volatility in China

August 31, 2015

From today’s FT:

A leading journalist at one of China’s top financial publications has admitted to causing “panic and disorder” in the stock market, in a public confession carried on state television.

The detention of Wang Xiaolu, a reporter for Caijing magazine, comes amid a broad crackdown on the role of the media in the slump in China’s stock market, which is down about 40 per cent from its June 12 peak. Nearly 200 people have been punished for online rumour-mongering, state news agency Xinhua reported at the weekend.

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One Response to “Dealing with market volatility in China”

  1. Peifan Says:

    Actually Wang did write some rumors which turned out to be false….


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