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News about China's wealth fake and misleading
(chinadaily.com.cn)
Updated: 2009-11-25 16:26
A news report claiming 0.4 percent of Chinese hold 70 percent of the wealth has been branded fake and misleading by China's General Administration of Press and Publication (GAPP), xinhuanet.com reported.
The Shanghai Securities News, the Times Weekly, the CPPCC News and the Youth Times were all criticized for their stories about China's wealth centralization.
The Shanghai Securities News first published the claims in 2006 and the other three news organizations reprinted the message without any verification in 2009.
The behavior was a strong violation of the authenticity of news, GAPP was cited as saying in the report.
