OLD Media Moves

Chinese biz magazine regroups

November 24, 2009

Sky Canaves of The Wall Street Journal writes about how Chinese business magazine Caijing is struggling in the aftermath of the departure of its editor and a majority of its staff.

Canaves writes, “The Nov. 23 issue underscores the uncertain future of the biweekly magazine. It was pulled together by a skeleton staff of fewer than 20 people. Out of 59 Beijing-based reporters listed on the last Caijing masthead, only six remain; 12 out of 14 domestic correspondents outside Beijing have gone, along with all four overseas correspondents in New York, Washington, London and Hong Kong.

“As a result, most of the articles in the current issue were commissioned from freelance writers. The cover story, on U.S. President Barack Obama’s visit to China this month, was written by a reporter who has since resigned.

He Gang, until recently managing editor of Investor’s Journal, a weekly business paper, has been named managing editor of Caijing, responsible for day-to-day editorial operations.”

Read more here.

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