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11/18/2017
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finance
Journalist confesses to spreading false information about stock market, netizens call him 'scapegoat': Shanghaiist - Yesterday Caijing journalist Wang Xiaolu confessed on live television to spreading false information which led to stock market volatility, but many think he's merely a scapegoat.Having written an article on July 20 which claimed erroneously that China's securities regulator was going to pull large quantities of stimulus money out of the stock market, Wang was arrested on July 25 after the Shanghai Composite Index suffered its biggest one-day fall since 2007.
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