China sentenced two officials to jail for leaking secret economic data, as the government warned it will “strike hard” against disclosures that enable insider trading in the world’s third-biggest equities market. Wu Chaoming, a researcher with the Finance Institute at the People’s Bank of China, was sentenced to six years in jail for intentionally revealing secret data to the securities industry, Li Zhongcheng, a state prosecutor, said in a statement today. Sun Zhen, a former secretary to a deputy director in the National Bureau of Statistics, was sentenced to five years in jail for disclosing state secrets. The ... (full story)