China Halts Journal Over Report on State-Owned Power Company

The magazine Business Watch has been suspended for one month after reporting on a power company. From Bloomberg:

Business Watch broke “ discipline” in a report on China State Grid Corp. in its March 5 edition, damaging the company’s interests by writing inaccurate information, the magazine said in a statement on its Web site dated May 5, citing a ruling by authorities.

The article also offended company leaders by stating that the power company used its to expand aggressively, which led some lawmakers to criticize State Grid, the Beijing- based magazine Caijing said in an article on its Web site today.

Business Watch, founded 10 years ago and based in , was also shut for two months in 2004 after writing an article on former central bank governor Dai Xianglong, according to Caijing.

The one-month ban started April 30, preventing publication of the journal’s May 20 issue, Business Watch said.

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