Bloomberg (gated) carried the article. In brief:
The People’s Bank of China investigated two individuals for allegedly spreading false rumors about interest rate cuts to gain online attention while posing as financial media.
The operation was conducted in coordination with the network security department, and the suspects were handled by local law enforcement.
In 2024, Chinese authorities investigated over 42,000 misinformation cases online, punishing more than 47,000 individuals under the nationwide “Clean Net” campaign.
