Chinese police detained a person suspected of spreading rumors that triggered several bank runs in eastern Jiangsu province and urged the public not to believe or disseminate the speculation.
A person surnamed Cai was taken into custody on March 26, according to a statement on the Yancheng city police’s official microblog. The investigation is ongoing, the police said. Yancheng is in Jiangsu province’s north.
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Bloomberg News via CHINA US Focus http://ift.tt/1lpxAMs
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