Results tagged “caijing”

• Magazine's business chiefs resign [SCMP] "Top business executives at Caijing magazine, the mainland's most influential business publication, have resigned en masse, heightening speculation its ownership may change hands soon or that its managing editor and founder, Hu Shuli, may leave and start her own publication... Caijing general manager Daphne Wu Chuanhui and eight of her nine business directors have resigned, according to reporters briefed about the resignations."
• Can the Future of Western Newspapers be Saved by China? [Sino Tech Blog] "When looking at the Western and Chinese online newspaper landscape, many obvious differences are evident. There has been much written recently about the demise of the newspapers in the West as their circulation plummets and their online revenue models struggle to counter these losses in revenues. But what about the situation in China? Is the outlook as bleak? Is their similar trends and examples as there are in the US?… This is what I wanted to explore and understand more."
• Upgrade rather than cancellation for CCTV's concert series [Danwei] "The cancellation of CCTV's popular touring concert series, The Same Song (同一首歌), reported by the mainland media late last week and covered in this post, now seems to be little more than a rumor. The Beijing Times spoke to CCTV management and published a brief article on Saturday: 'Rumors have been flying saying that CCTV's flagship program The Same Song would be canceled after the National Day holiday. Yesterday, CCTV arts and entertainment center director Zhang Xiaohai said in an interview that no such cancellation would occur.'"

• China's Top Muckrakers Stop Digging [Foreign Policy] "There are no pyres of magazines burning, no information police combing the newsstands every morning. Magazine censorship in China is banal. Almost all of the control has long been done in-house before publication, by reporters and editors who know just how far they can and cannot go. The closest many private magazines get to an official censor is someone they call "Teacher," sent from their own publishing houses, to patrol content. But these days, it's not just editors who are drawing in the lines. It's the investors — the owners and backers of China's few independent media outlets. And there is no better example than Caijing, China's leading business magazine, for which I used to work as an editor."
• Tanks out in Beijing in 60th anniversary rehearsal [The Associated Press] "Tanks, armored personnel carriers and rocket launchers rolled along a major Beijing boulevard Sunday in practice for a parade next month to mark China's 60th anniversary. The main east-west artery of Beijing was closed for a rehearsal of the elaborate military parade planned for Oct. 1, when the People's Republic of China celebrates six decades since its founding. The parade is intended to highlight accomplishments China has made in its defense sector."
• China Urged to Subsidize 'New Energy' Vehicles [WSJ] "The head of BYD Co., one of China's leading makers of electric vehicles, urged the Chinese government to subsidize private purchases of all-electric battery cars and other "new energy" vehicles, saying their widespread adoption in China depends on it. Speaking at an industry conference Sunday, BYD Chairman Wang Chuanfu said a lack of consumer incentives and subsidies has kept BYD from making a plug-in hybrid car available for private buyers. He warned that a continued lack of government assistance might doom all-electric cars and plug-in hybrids in the marketplace because of their currently high cost."

Caijing has a spectacular article looking at some of the troubles still shrouding the CCTV fire from last month, and they don't all have to do with the destroyed building. The blaze that gutted the TVCC building on February 9 may have also uncovered questionable financial deals made by high-level CCTV executives.

Ex-Pudong Vice Governor Kang Huijun, who allegedly accepted nearly 6 million yuan in bribes, has been sentenced to life in prison. Kang, who became known as “Pudong's landlord,” was arrested in 2007. Besides the bribes, he and his wife, Wang Xiaoyin, also illegally owned 11 million yuan worth of property. Wang has been given a five-year term and about 18 million yuan of the couples' net worth has been repossessed by the government. Caijing published a great summary of what Kang and Wang did leading up to their arrest.