Chinese authorities have arrested nearly 200 people for alleged online rumor-mongering about China’s stock market turmoil and a recent chemical factory explosion in Tianjin. Among the arrested is Wang Xiaolu, a journalist for financial publication Caijing Magazine, “who has been placed under ‘criminal compulsory measures’ for suspected violations of colluding with others and fabricating and spreading fake information on securities and futures market,” according to Chinese state media. Government officials have also been placed under arrest, including Liu Shufan, an official with the China Securities Regulatory Commission, who has been accused of bribery, fraud and completing under-the-table deals. At least four senior executives from Citic Securities, a top Chinese investment … Continue reading Sophia Yan