The joke that cost $2 million: China imposes huge penalty for comedian’s army-themed quip

News Snapshot:

On Wednesday, China slapped a huge penalty of 14.7 million yuan ($2.13 million) on one of the biggest comedy companies for ‘harming society’ after a military joke made by one of its comedians garnered public criticism and backlash. Shanghai Xiaoguo Culture Media Co will have to pay a fine of 13.35 million yuan along with confiscation of 1.35 million yuan in ‘illegal gains’ after the firm after finding that Li Haoshi, who performs for the firm, has breached the rules, said the Beijing arm of China’s Ministry of Culture and Tourism Bureau. -In #China you can’t crack joke on #XiJinping’s...