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Caixin Sues Guo Wengui and Hong Kong Media for Defamation

Although a number of Chinese media outlets exposed Guo Wengui’s “power play” that enabled him to accumulate a fortune, when Guo decided to fight back, he just chose Caixin’s editor-in-chief, Hu Shuli, as the sole target. On March 29, 2015, Guo Wengui published an open letter to Hu Shuli on his own company website denying all accusations related to a plot. He then stated that, according to Boxun, Hu has an illegitimate child. According to Global Times, Guo’s letter, which had been posted Sunday on Guo’s company Pangu Plaza’s official Weibo, had been taken down by Monday. In response, Caixin’s legal team decided to file lawsuits in Hong Kong against Guo Wengui, Hong Kong Commercial Daily, Apple Daily, and the media outlets involved in disseminating Guo’s slander.

According to the Epoch Times on October 22, 2013, Hu Shuli has played a key supportive role in Chinese Communist Party leader Xi Jinping’s anti-corruption campaign since the beginning of 2013. “The liberal magazine that she founded, Caixin, has acted as a weather vane on the political direction of the top leadership. It has posted lengthy and detailed investigative reports regularly presaging the Party authorities’ vigorous action against officials and factions caught in the crosshairs of the new campaign.”

Source: Caixin, Boxun, Global Times, the Epoch Times