Caijing leads the difficult battle against market manipulation in China

Caijing magazine managing editor Hu Shuli speaks to FinanceAsia about markets, the governments and reforms.

Every country has its media heroes, those who successfully fight the system against all odds. The smiling, energetic woman I spoke to in a small Chinese restaurant in Central could be a Chinese incarnation. She is the managing editor of Caijing, China's hardest hitting business magazine, and the inheritor of a long tradition of solitary protest against a system which often favours insiders.

In modern China, she and her team of 30 journalists represent a lone and often embattled voice in protecting China's 66 million retail investors against the widespread fraud and corruption which infest the Chinese stock markets.

Caijing appears twice a month with a circulation fluctuating between 50,000 and 100,000 and has an...

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