Thursday, March 22, 2012

China Coup Rumors

Rumors of a coup in Beijing ricocheted around the Chinese Internet on Tuesday and even caused the cost of credit default swaps on Chinese debt to rise slightly. That's remarkable considering there wasn't one iota of evidence that shots were fired at the Diaoyutai State Guest House or tanks were taking to the streets, as viral microblog posts had it.

Read more of The Wall Street Journal on China's coup jitters.

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