|
Internet
Sloppy People's Daily editing causes panic in financial marketsPosted by Jeremy Goldkorn, May 12, 2005 1:15 PM
Tha Asian Wall Street Journal reports: [Xinhua reporter] Guan Xiangdong... was on duty in Hong Kong Saturday while financially savvy colleagues took the day off, and she cobbled together a story on the impact of a possible appreciation of the Chinese currency using bits and pieces of news and analysis gleaned from that day's local newspapers... The People's Daily article was picked up and published by Bloomberg yesterday afternoon, causing a panic buy-up of Asian currencies in European markets as they started their trading day. Later on, Bloomberg published a report titled "China's People's Daily Says Yuan Report Was Mistake", saying that the People's Daily had sent a fax to Bloomberg's offices, telling them that "The English story is mistranslated and has already been pulled from our Web site". We can probably expect more of this type of thing, because foreign news agencies seem to be losing the plot: Reuters recently reported that Google was setting up "operations" in China because they had registered a rep office, and any Danwei reader knows that the main reason to visit China's state-owned websites is to find soft porn, something which has evidently escaped the notice of Bloomberg's reporters. LINKS: Thanks Andrew for link and document |
Partner Links
Jobs in China
Recent Comments
大门牙 on
Blockages
Joel Marti on
Chengdu bus fire blamed on 62-year-old suicidal gambler
vivian on
Bound feet in China
Sajid on
China first police blog
China Media Timeline
Major media events over the last three decades
Danwei Model Workers
![]() Recommended blogs and new media
Books on China
Foreign journalists in China, from the Opium Wars to Mao : Paul French, author of a book on Carl Crow has written a book about the lives and exploits of foreign journalists reporting from China from the 1820s to 1949.
Earnshaw Books' Tales of Old Peking: Tales from Old Peking is available from Earnshaw Books, and like its sister, Tales from Old Shanghai is a book of fragments of information about periods, events or places in Beijing's history, collaging together pictures and text about eunuchs, concubines, the Lama Temple, Opium Wars, art, emperors, and a miscellany of other interesting topics
Henry F. Pringle's "Bridge House Survivor": Pringle was imprisoned by Japanese forces from October 1942 to August 1945, and Bridge House Survivor, available from Earnshaw Books, is his harrowing account of torture under the Japanese.
Front Page of the Day
A different newspaper every weekday
From the Vault
Classic Danwei posts
+ A short interview with Muzi Mei (2004.02): Danwei interviews Muzi Mei + CCTV vs. classic movies (2006.03): A rundown of several pastiches of Chinese movies appearing online as 大史记 - "The Year That Was". Some from CCTV, others not. With links to video. + Street hawker cries of Beijing (2006.12): Yang Changhe demonstrates hawker's cries in a video shot by Muzimei.
Danwei Archives
Danwei Feeds
Via Feedsky
or Feedburner |




