A financial journalist ‘confessed’ to causing ‘panic and disorder’ on China’s stock market, state media reported [AP] China has punished 197 people in a special campaign by police targeting online rumours about China’s stock market, the recent fatal explosions in Tianjin and “other key events”, state media reported. No details of the punishments were given, but according to the report, the crimes punished included claiming a man had jumped to his death in Beijing due to the stock market slump and falsifying the number of people who had died in the Tianjin blasts. Another alleged crime involved circulating “seditious” rumours about China’s upcoming commemorations of the 70th anniversary of the end of World War II. A financial journalist “confessed” to causing “panic and disorder” on China’s stock market and inflicting “huge losses on the country”, state media reported on Sunday. Wang Xiaolu, a journalist with Caijing magazine, was detained […]