21st Century Business Herald

The 21st Century Business Herald (also spelled Twenty-first Century Business Herald;[2] abbreviation: 21CBH;[3] Chinese: 21世纪经济报道) is a Chinese business-news daily newspaper[4] published five times a week on weekdays in China.

21st Century Business Herald
TypeDaily newspaper
Founder(s)Shen Hao[1]
FoundedJanuary 1, 2001
Websitewww.21cbh.com
epaper.21jingji.com

It was officially launched by Shen Hao on January 1, 2001 as a weekly newspaper,[5] as part of the Nanfang Daily Media Group.[6] In the following years the newspaper has spawned several news media outlets under its umbrella, including Moneyweek, 21st Century Business Review, Global Entrepreneur, and 21cbh.com.

On November 17, 2016, the Southern Finance and Economy Omnimedia Group was established as China's first omnimedia group. [7] 21st Century Business Herald was on that date simultaneously affiliated to the Southern Finance and Economy Omnimedia Group, together with relevant print media outlets, websites, radio and tv outlets, and social media outlets.

Controversies

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In September 2014, executives from the 21st Century Business Herald were arrested by Shanghai police,[8] who claimed they were suspected of extortion.[9] Chinese official said that 21cbh.com also had irregularities such as not separating editorial and business operations.[10]

In April 2015, the official website of 21st Century Business Herald, 21cbh.com, was ordered by the media regulator of China to cease operation because of news blackmail,[11] the publishing license of Moneyweek was revoked, and the newspaper was ordered to rectify.[12] Affected by the incident, Global Entrepreneur officially ceased publication in April 2015.[13]

In December 2015, Shen Hao, the publisher of the 21st Century Business Herald,[14] was sentenced to four years in prison for extortion.[15]

References

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  1. ^ "Two media outlets of the 21st century newspaper system were shut down". Radio France Internationale. May 1, 2015.
  2. ^ Barry Naughton. "Local Debt Restructuring:A Case of Ongoing Authoritarian Reform" (PDF). Hoover Institution. Jul 14, 2015.
  3. ^ "One Billion Chinese People Can't Be Wrong…". Muddy Waters Research. Jul 22, 2010.
  4. ^ "China Got Its Economy Growing Again, but a Shortfall in Babies Will Be Harder to Fix". The Wall Street Journal. Feb 28, 2021.
  5. ^ "The 21st Century Business Herald's 10th Anniversary Large-scale Readers' Essay Contest". The Beijing News. 2010-09-17.
  6. ^ "Arrest of inspirational editor Shen Hao marks end of an era for Chinese journalism". The Washington Post. January 10, 2015.
  7. ^ "境内外舆论关注南方财经全媒体集团成立". 腾讯新闻 (in Chinese). Archived from the original on 2019-02-15.
  8. ^ "Ex-News Executive in China Gets 4-Year Sentence for Extortion". The New York Times. Dec 24, 2015.
  9. ^ "Five executives of 21st Century Business Herald are arrested by Shanghai police". Beijing Times. Sep 27, 2014. Archived from the original on 2015-03-24.
  10. ^ "21st Century Network formally ordered to suspend for news extortion". Deutsche Welle. Apr 30, 2015.
  11. ^ "China Closes 21st Century Business Herald's Website". The Wall Street Journal. Apr 30, 2015.
  12. ^ "Suspension of publication and consolidation highlights China's news dilemma". Radio Free Asia. 2015-04-30.
  13. ^ "环球企业家杂志广告经营公司破产清算 公司法人沈颢". 新浪网 (in Chinese). 2018-01-10. Retrieved 2024-07-03.
  14. ^ "China jails former newspaper group president for fraud". Reuters. December 24, 2015.
  15. ^ "Weighing China jailed cases amid censorship and fear". Committee to Protect Journalists. December 13, 2016.