State media reported Monday that 197 people had been punished in a special campaign against spreading false information over the internet.

Two of the rumors allegedly circulating were that a "man jumped to his death in Beijing due to the stock market slump," and that "at least 1,300 people were killed in the Tianjin blasts."

The official death toll in the August 12 explosions at warehouses for hazardous chemicals in the port city Tianjin is 150.

The Xinhua state-run news agency cited the Public Security Ministry as saying that 165 online accounts were closed in the campaign's latest phase, but did not specify over what period of time nor what punishments had been meted out to offenders.

The Chinese government maintains an uneasy relationship with the internet and regularly institutes controls over digital traffic.

Financial journalist 'confesses'

In other news, a financial journalist is reported to have "confessed" to causing "panic and disorder" on China's stock market and inflicting "huge losses on the country," Xinhua reported Sunday.

Wang Xiaolu, a journalist with Caijing magazine, was detained by Chinese authorities following China's recent stock market crash. He had written a story in July saying the securities regulator was studying plans for government funds to exit the market.

Regulators quickly denied the Caijing story, labeling it "irresponsible." But Caijing said it "defended journalists' rights to do their duty under the law," according to a statement posted on its website.

China's state media regularly carries what it presents as confessions of suspects in high-profile criminal chases.

jar/jr (AFP, AP)