{"id":52383,"date":"2015-12-24T23:34:00","date_gmt":"2015-12-24T23:34:00","guid":{"rendered":"http:\/\/127.0.0.1:10081\/?p=52383 "},"modified":"2015-12-24T23:34:00","modified_gmt":"2015-12-24T23:34:00","slug":"52383-revision-v1","status":"publish","type":"post","link":"https:\/\/minzhuzhongguo.org\/?p=52383","title":{"rendered":"Top China financial media chief jailed for corruption"},"content":{"rendered":"
24 December 2015<\/span><\/div>
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A Shanghai court has jailed the former president of one of China’s top financial media groups for corruption.<\/span><\/div>
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Shen Hao, who used to head the 21st Century group of financial newspapers and websites, was convicted of extortion and blackmail.<\/span><\/div>
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He was sentenced to four years in jail and fined 60,000 yuan ($9,500, £6,220).<\/span><\/div>
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China has been conducting a widespread crackdown on corruption, including in the financial and media industries.<\/span><\/div>
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A statement on the microblog of Shanghai Pudong New District Court said Shen had “committed the crimes of extortion, forcing transactions, embezzlement” and “self-gratification”.<\/span><\/div>
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The group’s chief financial officer Le Bing was also convicted of embezzlement and given a suspended sentence of two years.<\/span><\/div>
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Several journalists and executives at 21st Century have been arrested and accused of demanding payments from businesses for favourable coverage while publishing attacks on companies that refused to pay.<\/span><\/div>
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The practice of paying journalists for favourable coverage is seen as widespread in China.<\/span><\/div>
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But the arrests have also raised concerns of authorities using the crackdown to silence legitimate journalism.<\/span><\/div>
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21st Century owned the 21st Century Business Herald newspaper which was known for its aggressive reporting on the financial world. It has been shut down since the arrests.<\/span><\/div>
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For detail please visit here<\/span><\/a><\/div>","protected":false},"excerpt":{"rendered":"

<div>China has been conducting a widespread crackdown on corruption, including in the financial and media industries. A statement on the microblog of Shanghai Pudong New District Court said Shen had "committed the crimes of extortion, forcing transactions, embezzlement" and "self-gratification".<\/div><\/p>\n","protected":false},"author":24,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[14],"tags":[],"class_list":["post-52383","post","type-post","status-publish","format-standard","hentry","category-ChinaHumanRights","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"_links":{"self":[{"href":"https:\/\/minzhuzhongguo.org\/index.php?rest_route=\/wp\/v2\/posts\/52383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/minzhuzhongguo.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/minzhuzhongguo.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/minzhuzhongguo.org\/index.php?rest_route=\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/minzhuzhongguo.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52383"}],"version-history":[{"count":0,"href":"https:\/\/minzhuzhongguo.org\/index.php?rest_route=\/wp\/v2\/posts\/52383\/revisions"}],"wp:attachment":[{"href":"https:\/\/minzhuzhongguo.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/minzhuzhongguo.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/minzhuzhongguo.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}