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Bloomberg News Is Said to Curb Articles That Might Anger China

Chaman_Lal

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BEIJING — 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the hidden financial ties between one of the wealthiest men in China and the families of top Chinese leaders, would not be published.

In the call late last month, Mr. Winkler defended his decision, comparing it to the self-censorship by foreign news bureaus trying to preserve their ability to report inside Nazi-era Germany, according to Bloomberg employees familiar with the discussion.

“He said, ‘If we run the story, we’ll be kicked out of China,’ ” one of the employees said. Less than a week later, a second article, about the children of senior Chinese officials employed by foreign banks, was also declared dead, employees said.

Mr. Winkler said in an email on Friday that the articles in question were not killed. “What you have is untrue,” he said. “The stories are active and not spiked.”

His statement was echoed by the senior editor on the articles, Laurie Hays.

Mr. Winkler and several other senior executives at Bloomberg declined to discuss his conference calls with reporters and editors in Hong Kong.

Several Bloomberg employees in Hong Kong said Mr. Winkler made clear in his call that his concerns were primarily about continuing to have reporters work in China, not protecting company revenues. Even so, they said, he gave the listeners a clear impression that the company was in retreat on aspects of its coverage of the world’s second-largest economy, a little more than a year after it locked horns with a confident Chinese leadership that has shown itself willing to punish foreign news organizations that cross it.

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. Bloomberg’s 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.

As the article on Mr. Xi’s family was published, in June 2012, Chinese officials ordered the Bloomberg News website blocked. Today, it remains inaccessible on Chinese servers. No Bloomberg journalist trying to enter China on a new long-term assignment has received a residency visa.

Most important for the larger Bloomberg company’s bottom line, financial news terminal subscriptions, which cost more than $20,000 per year and are the main revenue generator for Bloomberg, slowed for a spell in China, after officials issued orders to some Chinese companies to avoid buying subscriptions. Despite all that, Bloomberg got a license renewal this July from the State Council, China’s cabinet, that allows it to continue providing financial news for two more years.

Other news organizations have come under similar pressure. The websites of The New York Times, including a new Chinese-language edition, were blocked when it published an article in October 2012 on the family wealth of Wen Jiabao, then the prime minister. Like Bloomberg, The Times has also not received residency visas for new journalists.

In recent years, some editors at Bloomberg have encouraged reporters to tackle ambitious investigative reports, in order to broaden the company beyond its foundation as a speed-driven financial news service. At times, that aggressiveness has resulted in ethical breaches, as when Bloomberg was forced to disclose in May that its journalists had gained access to the log-in data of terminal customers to gain an edge in reporting.

But the investigative work has also won top prizes, most notably for the China family wealth series in 2012. Two of the main writers on that series, Michael Forsythe and Shai Oster, were the lead reporters on the recent tycoon story.

Editors at Bloomberg have long been aware of the need to tread carefully in China. A system has been in place that allows editors to add an internal prepublication code to some articles to ensure that they do not appear on terminals in China, two employees said. This has been used regularly with articles on Chinese politics, including the one on Mr. Xi’s family.

Bloomberg News has already come under criticism as word of the uncertain fate of the investigative China articles has slowly leaked out in recent days. An animation arm of Next Media, a powerful Hong Kong media company critical of the Chinese Communist Party, released an online video cartoon on Friday evening mocking Bloomberg for self-censorship.

The turmoil since October was described to The Times by four Bloomberg employees who spoke on the condition of anonymity for fear of losing their jobs.

The strongest reason he presented was the possibility of Bloomberg’s being evicted from China, employees said.

“He was speaking from a news perspective, not a sales perspective,” an employee said. Mr. Winkler also said he had read a lot about foreign journalists working under the Third Reich and wanted to formulate a strategy for staying in China as long as possible. “He said he was looking at the example of how news organizations worked in Nazi Germany, how they were able to stay there, how they were able to write in that environment,” the employee said.

The message was clear to those in Hong Kong: There was no chance of publication for now.

An article by Cathy Chan, another reporter in Hong Kong, ran into similar problems within a week. The article was halted after a conference call with New York, employees said. The article outlined how children of Chinese leaders, or “princelings,” had secured jobs at foreign banks. The hiring practice has come under scrutiny: In August, American newspapers reported that the Securities and Exchange Commission was investigating whether JPMorgan Chase had hired the children of senior Chinese officials to win business in China.

http://www.nytimes.com/2013/11/09/w...urb-articles-that-might-anger-china.html?_r=0

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Hohoho, poor ethical journalists - can't do business in China. Look, you proud citizens of China, your bully government won't allow anyone to expose the corrupt practices of your kings and rulers. Do you see that China is being compared to Nazi-era Germany? How does it feel, huh?
 
I'm very happy about this. The foreign media team up with foreign NGO's to cause instability in China and stall our economic development. Good to see our power and influence growing. Shows we are growing stronger.

As for the Nazi comparison, they can compare with anyone we don't care, bottom line is China is an independent country with an independent foreign policy, we don't take sh*t from anyone. China's stability is trillion times more important than getting the approval from the white man. With stability we can concentrate on economic development and thus surpass the white man.

The only Nazi comparison is for western countries that go on imperial wars to slaughter millions all across the world dropping depleted uranium and agent orange. The white man can take their little Nazi comparisons are tell it to people that gives a damn. Bottom line is we will put an end to the domination of the world by the white man, this is why the white man hates our guts. Western monopoly positions are being ended. The white man's days of dominating global affairs are rapidly declining. The main reason for this is the rise of China.
 
The rise of China or the rise of the Chinese power elites? Did you notice the subject of the investigative report?
 
The rise of China or the rise of the Chinese power elites? Did you notice the subject of the investigative report?

Rise of China means there are always powerful elite groups. Yankee elites are just as corrupt as Chinese elites. It's just that western media is powerful and they dig dirt on their main rivals while covering up corruption inside the US.

I don't care if Chinese leaders are wealthy as long as they do the right thing for China and reform and make China stronger and living standards improve.

I'd rather have a corrupt leadership that does the right thing for the country and make the country strong than have corrupt leaders that don't make the country stronger.
 
I see.

On a different note, can you kindly reply me the address of General Peng Pong in my other thread? Or, do you want me to call up your premier for the inquiry? I'm sure he'll be disappointed for you not being able to follow up on such a routine task.
 
China is on the right path.
Chapman lal, what a shame, you've got a tiny life expectancy and you are wasting it on the internet !
There's corruption in every country, one thing I am sure is that there is more corruption in India than in China...
As for that guy comparing China and Nazi Germany...true Indian there, he would rather live in a shit country than offending the white people haha, unable to think about what is good for him, he need a master, look, I'm white, you want to be my slave ? I know you want it. :D
 
China is on the right path.
Chapman lal, what a shame, you've got a tiny life expectancy and you are wasting it on the internet !
There's corruption in every country, one thing I am sure is that there is more corruption in India than in China...
As for that guy comparing China and Nazi Germany...true Indian there, he would rather live in a shit country than offending the white people haha unable to think about what us good for him, he need a master, look, I'm white, you want to be my slave ? I know you want it. :D

Sorry, do you have a point? The issue is not corruption, as your envious comprehension interpreted. The issue is Right to Information (http://en.wikipedia.org/wiki/Right_to_Information_Act)
 
The issue is how you managed to get such a low IQ :D

Look at your second and third messages there, you changed the issue to corruption when han domination responded you and you again changed it to a completely unrelated topic after his response. You don't even care about what we are talking about you are just here for China bashing and it's obvious. Damn Indians just stop raping your relatives, it give birth to retarded people. :D
 
Well as for that guy comparing China to the Nazi.. IMHO China is more National Socialist than Communism.
 
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Well as for that guy comparing China to the Nazi.. IMOH China is more National Socialist than Communism.

I always felt that there was something lacking in this thread... Oh, how I knew it was your intellect. Good, good you arrived.
 

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