Categories: OLD Media Moves

China tells biz journalists to stop writing about cash crunch

China is mandating local reporters avoid using the term ‘cash crunch’ in their stories, reports Financial Times reporters Jamil Anderlini and Simon Rabinovitch.

Steven Perlberg of Business Insider writes, “Reporters were warned not to ‘hype’ stories about liquidity issues, according to the FT.”It’s actually an unusual move for China. As the FT notes, the government rarely interferes with financial journalism in order to bolster the impression that Chinese markets are just as open and reliable as its developed market contemporaries.

“But overall, China famously hates negative press. The country has reportedly refused to renew visas for about two dozen New York Times and Bloomberg reporters after stories from the organizations shed light on the wealth of elite Chinese families.”

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.

View Comments

    Recent Posts

    NY Times taps Searcey to cover wealth and power

    New York Times metro editor Nestor Ramos sent out the following on Friday: We are delighted to…

    25 mins ago

    The evolution of the WSJ beyond finance

    Rahat Kapur of Campaign looks at the evolution The Wall Street Journal. Kapur writes, "The transformation…

    15 hours ago

    Silicon Valley Biz Journal seeks a reporter

    This position will be Hybrid in the office/market 3 days per week, and those days…

    15 hours ago

    Economist’s Bennet, WSJ’s Morrow receive awards

    The Fund for American Studies presented James Bennet of The Economist with the Kenneth Y. Tomlinson Award…

    22 hours ago

    WSJ is testing AI-generated article summaries

    The Wall Street Journal is experimenting with AI-generated article summaries that appear at the top…

    24 hours ago

    Cohen joining Bloomberg Tax

    Zach Cohen is joining Bloomberg Tax to cover the fiscal cliff and tax issues on…

    24 hours ago