Hu Shuli, the most powerful business editor in China, used to write propaganda for Workers’ Daily, the Communist Party’s publication. Now Ms. Hu pushes an aggressive staff of 50 young journalists to investigate government corruption and lift the veil on corporate fraud in China.
Since 1998, Ms. Hu, 52, has been the driving force behind Caijing magazine, a thriving business journal published twice a month that is now a must-read in the capital. At a time when the state still holds tight control over the media, regularly censoring articles and closing down errant publications, Caijing (which means “finance and economy”) has artfully pushed the envelope on what is journalistically permissible, writing expos√©s on the government’s reaction to severe acute respiratory syndrome, or SARS; stock market manipulation; and corruption at some of the nation’s biggest state-owned banks.
“I know how to measure the boundary lines,” Ms. Hu said over lunch. “We go up to the line – and we might even push it. But we never cross it.”