Bloomberg LP founder Michael Bloomberg was interviewed Friday on CNBC by Andrew Ross Sorkin and defended the work of Bloomberg News in the wake of accusations that it has caved into Chinese government pressure by not posting stories critical of government officials.
Here is an excerpt:
SORKIN: Over the past year there have been questions about the journalism going on in China and whether the company in its efforts to grow has muzzled some of the anti-government review.
BLOOMBERG: I would stand up for the quality of… I have always been phenomenally proud of the job Matt Winkler and the — I think we have 2,300 or 2,500 — journalists do. In China, they have rules about what you can publish. We follow those rules. If you don’t follow the rules, you’re not in thr country. In every newspaper or news organization and television stations and computer systems follow the rules. And if you are in London — in England — there are a different set of rules. You, for example, can’t report on an ongoing trial in London. That is what it is. That doesn’t mean that has anything to do with what we write. We write the stories that we think are interesting and we distribute them where they are allowed to be distributed.
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