Other reasons for Caijing's success are, according to Periodical China, the semi-official background of the investors, the news principles of Hu Shuli, her leadership and social networks, the separation of editorial staff and management, guaranteed funding, and focus on editorial integrity and planning.
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Caijing was founded in June 1998 by Hu Shuli, a former reporter and editor of the Chinese paper Worker's Daily, as a month-end edition of Capital Week (a weekly specializing in China's capital market); the magazine is a pioneer in its field in China.
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Hu Shuli was even named as the "most dangerous woman" in the China securities market as a result.
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As well as news reports, there are also commentaries from Hu Shuli (called Shuli's Observation) and other well known journalists and economists, such as Jonathan Anderson and Wang Dingding.
An article published in Caijing in May 2007 hinted that there may have been impropriety: Profits were siphoned off into factories and other external ventures in breach of the joint venture agreement; shareholdings were shuffled around to the detriment of other shareholders.
Caijing |