Last month, Caijing, the crime-busting magazine leading the fight against financial malpractice on the Mainland, was sued in a Shenzhen court and lost. The plaintiff, Shenzhen Fountain had filed a defamation suit asking for RMB 3 million against the magazine and one of its freelance writers. The court ruled Caijing owed the company RMB 300 000. In the article, the author had accused the company of irregular accounting practices which had led to inflated profit figures.
China bears quickly jumped to the conclusion that the cause of an independent investigative media was losing steam.
And it's true the case showed some irregularities.
Protectionism can be problematic in China during court cases, especially since Mainland court...