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Chinese reporter makes on-air 'confession' after market chaos
A journalist from one of China’s leading financial magazines has been paraded on state television to make an on-air “confession” for supposedly triggering stock market chaos with his reporting. Wang Xiaolu, a business reporter for Caijing, was detained last Tuesday after writing a story that claimed China’s securities regulator was pondering ending interventions aimed at stabilising the stock market. The story, which was published on 20 July, came at a highly sensitive time. Weeks of stock market turmoil have sent political shockwaves coursing through Beijing, with some now openly questioning the future of ... (full story)