The following post is from a UW-Madison Journalism student: Yifei Lieu
China’s most influential business magazine has been thrown into turmoil recently: it has received tons of resignation letters, including its general manager, the top advertising executive, and 70 workers in business department. Even worse, the biweekly magazine may also be about to lose its founding editor, Hu Shuli, and her core journalists allies.
It means, the magazine will be left as an empty shell.
The massive exodus is an expression of discontent by the magazine’s employees over the intensive editorial interference by the magazine’s owner, Stock Exchange Executive Council (SEEC), and a dispute about whether SEEC should surrender its majority control and allow other investors, according to The New York Times, The New Yorker and China Daily. The employee uprising against the publisher is not as common in China as in United States. Actually, it never happened before in China. Will it be a sign of the rising power of media employees in China? Or it will turn into a failed attempt? It’s too early to judge now. For me, an interesting point is: in the employee alliance against the publisher, those in business department resign first, seems the journalists still need more courage.
Caijing magazine, known for its bold coverage of corruption, fraud, pollution and public health care, has possessed more freedom than most Chinese media since its foundation in 1998. Two main reasons account for its unique freedom: one is the laissez-faire editorial policy under an oral agreement between the SEEC and Ms. Hu, and more importantly, it is benefited by Ms. Hu’s perfect editorial judgment: she knows when and how to expose the governing problems without enraging the central government. The judgment comes from both her long-time professional experiences and her intimate private relationship with high-level government authorities. However, with the rise of influence and profit of the magazine in recent years, both the owner and the government have felt more discomfort about the incisive coverage and then given more pressure to the magazine. Finally, the war between the power and the magazine breaks out.
The leaving of Ms. Hu will be a big blow for Caijing magazine. Without Ms. Hu and her core journalists, the muckraking platform may turn into a mediocre and humdrum economic journal. However, it may be not a loss for the investigative media industry in China: if Ms. Hu resigns, she may found a new magazine with the help of other resigned colleagues. If it is true, will it be a new front runner in the investigative report in China? Or will it turn into another victim in the battle against business and government forces? No one knows. But at least we know, the 56-year-old woman, who is called “an incurable muckraker” by The New Yorker, will not easily be stopped.