Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

China says to crackdown on fake news from social media

Published 07/03/2016, 11:50 PM
Updated 07/04/2016, 12:00 AM
China says to crackdown on fake news from social media

BEIJING (Reuters) - China's internet regulator will launch a crackdown on the reporting of news gathered from social media, as part of what the government calls a campaign against fake news and the spreading of rumors.

In a statement late on Sunday, the Cyberspace Administration of China said that online media cannot report any news taken from social media sites without approval.

"It is forbidden to use hearsay to create news or use conjecture and imagination to distort the facts," it said.

"All levels of the cyberspace administration must earnestly fulfill their management responsibility for internet content, strengthen supervision and investigation, severely probe and handle fake and unfactual news," the regulator added.

It listed a number of fake news stories it said had recently circulated on the internet, including one about a bus fire.

The Chinese government already exercises widespread controls over the internet and has sought to codify that policy in law.

Officials say internet restrictions, including the blocking of popular foreign sites like Google (NASDAQ:GOOGL) and Facebook (NASDAQ:FB), are needed to ensure security in the face of rising threats, such as terrorism, and stop the spread of damaging rumors.

Foreign governments and business groups have pointed to restrictions on the internet as a broader trade issue.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.