China tells biz journalists to stop writing about cash crunch
by Chris Roush
China is mandating local reporters avoid using the term ‘cash crunch’ in their stories, reports Financial Times reporters Jamil Anderlini and Simon Rabinovitch.
“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.”