Categories: Government

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 😉

BG Mahesh

Internet application ideator and implementor. Been there and done that since early 1990s. I like to present data to the common man in the simplest manner on the internet.

Recent Posts

From Entropy to Negentropy: The Transformative Power of Open Finance- Part I

We live in a world awash with digital transformation, and yet filled with painful and…

2 months ago

Brand recall of the WiFi logo in India is very strong

It is a well-known fact that branding plays a significant role in the success of…

9 months ago

Fixing the Visa application process with Consent Managers

Lately I have been coming across the frustrations faced in the visa application process. Earlier,…

12 months ago

How India can solve the Challenges in Digital Advertising starting in 2023

India has the second-largest online population. The rapid Internet access and mobile proliferation is the…

1 year ago

Digital Media needs an Online Dispute Resolution system

The digital media landscape has changed tremendously over the last decade. Social media has amplified…

3 years ago

Digital Ad spend in India to grow 28% in 2021

It is not surprising to see advertising will grow in the year 2021. It does…

3 years ago