China party gives former tycoon administrative punishment for posts


  • World
  • Monday, 02 May 2016

BEIJING (Reuters) - China's ruling Communist Party said on Monday it will give a former property tycoon only a minor administrative punishment after he wrote microblog posts that criticised government policy.

Microblog portals such as Weibo.com and t.qq.com, among China's most popular, were ordered in February to shut the accounts of Ren Zhiqiang, a retired top executive from a state-controlled property developer who had more than 30 million online followers.

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