Alibaba Buys HK's SCMP to Counter ‘Western Bias’
Tycoon Robert Kuok’s strategic purchase of Hong Kong’s paper of record in 1993 from Rupert Murdoch, was hailed as a master-stroke of timely guangxi before the 1997 handover of the territory from the UK to China. Murdoch exited as he did not want the aggressive China reporting of the South China Morning Post to derail his TV plans for the mainland.
But th…
Keep reading with a 7-day free trial
Subscribe to Asia Sentinel to keep reading this post and get 7 days of free access to the full post archives.