In general, the WSJ is about as objective as the China Daily. I consider it a propaganda mouthpiece for the Bush Administration.

The FT is far far better and that's why it's eating the journal's lunch here in Asia.

The WSJ is still one of the best papers around. Their editorials can be like Bush propaganda pieces, but their China reporting is some of the best around.

At least for the time being, the entire Wall Street Journal series on China's naked capitalism is available free at: link

WSJ is the best around...just because it is not as commie-loving as say the New York Times does not mean its a Bush Administration mouthpiece.
By the way, what is wrong with Bush?
I mean come on, he is the greatest Commander in Chief at the time being...perhaps because he is the only...I sense that all you Bush-haters are just jealous because you all think the first lady is pretty. The daughters are kind of cute too.

Munhi,

You have to make the distinction between the "editorial page" which is full of very conservative opinion and the news pages, which are very respected. A UCLA study even rated it "liberal." The Op-Ed pages and the real reporting staff are completely separate, even though the words show up in the same publication. The UCLA report:

"While the editorial page of The Wall Street Journal is conservative, the newspaper's news pages are liberal, even more liberal than The New York Times."
...
"The news pages of The Wall Street Journal scored a little to the left of the average American Democrat, as determined by the average ADA score of all Democrats in Congress "

See:
http://www.newsroom.ucla.edu/page.asp?RelNum=6664

The WSJ has, by far, the best coverage of China of any US newspaper. The Washington Post is very good. The Boston Globe is decent, and that is about it over here. Oh yeah, there is also the NYTimes, which is excellent if you want to read about how terribly difficult it is these days to survive in Shanghai on $500 a day.