Alibaba to counter China's 'tainted' coverage with SCMP

Image
Press Trust of India Beijing
Last Updated : Dec 12 2015 | 3:48 PM IST
China's e-commerce giant Alibaba which has acquired Hong Kong's famous English daily South China Morning Post today said it will strive to ensure "objective coverage" of the communist country in contrast to the "tainted" coverage by the western media.
"At the core of a news property, we have to have the readers' trust. That will depend on reporting that is objective, balanced and fair," Joseph Tsai, executive vice chairman of Alibaba Group that has become the first Chinese company to own an independent media, told the Post.
Outlining how the multi-billion dollar firm owned by tycoon Jack Ma will handle the 112-year-old newspaper known in the past for critical coverage of China, Tsai said: "If we don't have that trust, we cannot build up our readership.
"Even though we are the corporate owner, we will let the editors decide the editorial policy and direction of coverage for any story. That's our basic principle."
The Post group has been bought over by Alibaba for an undisclosed amount.
Asked how Alibaba founder Ma, who is well connected to officials in China and the company which is based in Chinese mainland, will avoid conflict between editorial independence and the business interests of the group, Tsai said: "there are going to be situations when sensitive topics are being covered". "But we think coverage should be objective, balanced and fair."
"Our perspective is this: China is important, China is a rising economy. It is the second-largest economy in the world. People should learn more about China. The coverage about China should be balanced and fair," he said.
"Today when I see mainstream western news organisations cover China, they cover it through a very particular lens. It is through the lens that China is a communist state and everything kind of follows from that," Tsai said, adding that a lot of journalists working with these western media organisations "may not agree with the system of governance in China and that taints their view of coverage".
"We see things differently, we believe things should be presented as they are. Present facts, tell the truth, and that is the principle that we are going to operate on," he said.
This is the first time a Chinese group has acquired a daily newspaper group, raising speculation about how it will handle critical coverage relating to China, where the entire media is more or less state-owned.
Analysts say 51-year-old Ma, who rose from an English language translator to one of China's biggest tycoons, may have to do a lot of tight-rope walking considering ruling Communist Party of China (CPC) sensitivities to semblance of critical reporting in the local media.
Though Hong Kong has an autonomous administrative structure, it is governed by China with increasingly tighter control under the one country two systems.
The Post is not widely circulated in China, but provided a wider coverage of the Communist country as compared to the stereotyped reporting of the official media.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 12 2015 | 3:48 PM IST

Next Story