Hong Kong Tycoon's Media Venture in Trouble
Cai Business Indepth, an ambitious Bloomberg-style business reporting operation on China that was launched in 2007 by Richard Li, the chief of Hong Kong's PCCW telecommunications empire, appears to be on its last legs, according to industry insiders.
"Things have been deteriorating for a long time," said one of the 20-odd journalists hired by Cai Busines…
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