From Gorkana this week…
The next time a chief executive tells you he doesn’t want to be continually interviewed by journalists straight out of college with no financial or industry experience, you can advise him or her to up sticks and go and work in China.
Flagged up on FT Tilt recently was the news that “China has issued a set of regulations to ban disqualified columnists and inexperienced reporters from reporting on securities and futures”. As of the beginning of next month “Journalists must have either worked in securities and futures organizations or covered finance and economics for at least two years before they report on securities and futures.”
A report on the subject apparently urges newspapers to “take caution” when covering news that may undermine market stability and check their facts when reporting on regulatory matters.
Quite right too!