Categories: OLD Media Moves

China financial news market poised for growth, but blocks hurt

Kathy Chu and William Launder of The Wall Street Journal write about how the websites of many financial news organizations are being blocked in China at a time when that market needs business news and data.

Chu and Launder write, “Access to The Wall Street Journal’s Chinese-language site was blocked in mid-November, about the same time as Reuters’s site was blocked.

Gerard Baker, editor in chief of the Journal’s parent, Dow Jones & Co., said in a written comment that the company is ‘eager to continue to bring the world’s news to China and China’s news to the world. Transparency enhances trust.’

“The Journal’s Chinese-language site, which has been operating for more than a decade, has 2.2 million followers on China’s popular Sina Weibo social media site. Dow Jones is a unit of media conglomerate

“A spokeswoman for Thomson Reuters’ news division said its Chinese-language website has been blocked by the Chinese government, but the company hopes ‘access will be restored soon.’

“Bloomberg, whose website was blocked in late June of 2012, declined to comment.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

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