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China Business Post Closed for Reporting Bank Malpractice

On September 29, Paris based journalist rights organization Reporters Without Borders (RSF) condemned Beijing government’s three-month ban of a financial publication because of its report on poor management of assets of Changde, Hunan office of Agriculture Bank of China. The China Business Post sells 400,000 copies weekly. According to the publication’s website, the violation is “a regulation that bans the media from publishing an investigation into an event in a province other than that in which it is licensed.”

RSF called for an end of the ban and the media censorship of reports of toxic milk scandals. It also revealed authorities in July prevented an investigation into the toxic milk coming out so as not to tarnish China’s image before the Olympics.

Source: BBC Chinese, September 30, 2008
Reporters Without Borders, September 29, 2008