China: Journalist ‘Confesses’ to Causing Panic by Reporting on Stock Market

Chinese journalist Wang Xiaolu has been arrested and has “confessed” to causing the stock market to crash in what the nation is calling its “Black Monday” last week. State media outlet Xinhua reports that nearly 200 others were also arrested for “causing panic” by “spreading rumors” in publications or on social media.

The Associated Press

Mystery Foam Covers Tianjin Blast Site as China Announces Arrests

Residents of Tianjin, China are reporting on social media the emergence of a strange foam throughout its streets following the first rainfall since a massive chemical explosion destroyed much of the city. Chinese officials are claiming the foam is safe, while announcing that at least ten corporate executives are being “controlled” for an investigation into the blast.

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