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Keyword: scmp

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  • 'Politico' Teams With Outlet Accused of Alignment With Chinese Communist Party.....

    12/09/2019 8:05:46 AM PST · by caww · 6 replies
    theepochtimes ^ | 12/08/2019 | Christopher C. Hull
    An Asian media outlet accused of alignment with the Chinese Communist Party lists Politico as a strategic partner for a scheduled China-related event in the United States.....The event is to be SCMP’s first U.S. conference, according to a Politico spokesperson....SCMP is owned by Chinese e-retailer Alibaba, whose billionaire co-founder 'Jack Ma is a member of the Chinese Communist Party.'..... Alibaba’s own “position aligns closely with that of the Communist Party.” SCMP itself has faced accusations of “toeing a pro-Beijing line.” Alibaba acquired SCMP “to use the paper to counteract the negative portrayal of China in the western media,” according to...
  • China's Alibaba pays $266M for influential HK newspaper (South China Morning Post)

    12/13/2015 8:13:44 PM PST · by Olog-hai · 3 replies
    Associated Press ^ | Dec. 13, 2015 10:54 PM EST | Kelvin Chan
    E-commerce company Alibaba is buying Hong Kong's South China Morning Post for 2.06 billion Hong Kong dollars ($266 million), it said Monday, in a deal that's stirred concern the English-language paper's reporting may be softened under new Chinese owners. The Chinese e-commerce giant is paying cash for the newspaper and the SCMP Group's other media assets, including magazines, outdoor advertising and digital media, the company said in a filing to the Hong Kong stock exchange. The deal was announced on Friday but no amount was given for the transaction. ...