Bloomberg News Is Said to Curb Articles That Might Anger China
Source: New York Times
The decision came in an early evening call to four journalists huddled in a Hong Kong conference room. On the line 12 time zones away in New York was their boss, Matthew Winkler, the longtime editor in chief of Bloomberg News. And they were frustrated by what he was telling them.
The investigative report they had been working on for the better part of a year, which detailed the hidden financial ties between one of the wealthiest men in China and the families of top Chinese leaders, would not be published.
... Bloomberg News infuriated the government in 2012 by publishing a series of articles on the personal wealth of the families of Chinese leaders, including the new Communist Party chief, Xi Jinping. Bloombergs operations in China have suffered since, as new journalists have been denied residency and sales of its financial terminals to state enterprises have slowed. Chinese officials have said repeatedly that news coverage on the wealth and personal lives of Chinese leaders crosses a red line.
The perception among some Bloomberg employees that the company is now unwilling to cross such lines has left them unsettled. More broadly, it has cast new light on the dilemma that numerous foreign news organizations confront as they navigate the pressures of doing both journalism and business in China.
Read more: http://www.nytimes.com/2013/11/09/world/asia/bloomberg-news-is-said-to-curb-articles-that-might-anger-china.html