Chinese recycling tycoon says he wants to buy the New York Times

Comments 0
Chen Guangbiao, listed as one of China’s 400 richest people, claims he is in talks to buy the New York Times. Chen Guangbiao, listed as one of China’s 400 richest people, claims he is in talks to buy the New York Times.
SummaryAccording to previous media reports, Chen spent $30,000 on an advert in the NYT in 2012.

in 2012 with a report about the wealth of former Premier Wen Jiabao. The Times website has been blocked since then.

Chen said it was natural for the government to block the site because the report on Wen "contained biased and negative things that were not verified".

"If I acquire the Times, the paper will only report the truth and must verify all information," he said, adding that he would like every Chinese household to subscribe to the paper.

If his offer failed, Chen said he would extend offers to CNN, the Washington Post or the Wall Street Journal.

"As long as they have some influence, I'm still willing to consider buying lesser media outlets," he said.

Single Page Format
Ads by Google

More from International

Reader´s Comments
| Post a Comment
Please Wait while comments are loading...