New Caijing, Same Values Promised

Wang Boming, publisher of , writes an editorial in the latest issue, the first to be released without at the helm. Wall Street Journal’s China Real Time blog translates:

The 300-desk Caijing editorial department on the 19th floor of [Beijing’s] Prime Tower could have been considered the most modern news bureau in the country, but now it’s just an empty office. Over the past week, the editors and reporters who stayed on only occupied a small corner of the big office. The current team of less than 20 people had to finish the work that was formerly done by 200. They worked very hard to get this issue to you — our most-respected readers. Right now, sitting among these hardworking colleagues, It’s very clear to me, this issue won’t be satisfactory enough for you.

Overnight, an editorial team that took 12 years to put together up and left. It was this team that achieved a leading position in the industry, and turned Caijing magazine into a top brand. Ms. Hu Shuli, the representative figure of this team, also won applause from both our readers and public, thanks to her sharp personality and her commitment to ideals. I deeply regret the separation from a partner of so many years.

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