Chinese Blogger Jailed for Giving Stock Advice


Wang Xiujie, a blogger who made a business out of selling stock tips that would be delivered to subscribers via instant message, has been detained by Chinese authorities. Stock tip gurus have thrived in China’s two quickly growing stock markets; however, the nation’s government has recently criminalized the act of recommending stocks without a license…( Source: http://www.technewsworld.com/story/58308.html)

He hasn’t been jailed for blogging but for giving bogus tips on his blog. China lately has been getting tough on criminals. I think it is good for any country to be tough on criminals. Another interesting story from China,

The former head of China’s State Food and Drug Administration, Zheng Xiaoyu, has been executed for corruption, the state-run Xinhua news agency reports. He was convicted of taking 6.5m yuan ($850,000; £425,400) in bribes and of dereliction of duty at a trial in May….More

Hmm..if we were to follow this in India I wonder if we have sufficient executioners ;-)

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