A government watching trillions of dollars evaporate can not avoid reality by going after chatroom naysayers.
http://www.bbc.com/news/world-asia-china-34104114
The government has pumped money into the market, lowered interest rates, devalued the currency and still the markets sell off lower.
Sixty, seventy, eighty to one Price/Earnings multiples are literally insanity.
The bubble has a whole lot more to contract.