Bloomberg censored in China after Xi Jinping article posted

China blocked access to Bloomberg’s website after the news agency released a story detailing the family wealth of Xi Jinping, China’s president-in-waiting, accumulated as a result of his ascent in the Chinese Communist Party, The Guardian reported. “Our Bloomberg.com website is currently inaccessible in China in reaction, we believe, to a Bloomberg News story that was published today,” Belina Tan, Bloomberg’s head of corporate communications for the Asia-Pacific region, said on Friday. While the article did not allege any wrongdoing or explicitly tie any of the assets to Xi or his immediate family, it said that the extended family of the so-called “princeling” owned luxury property in Hong Kong and corporate investments worth millions of dollars. Accusations that senior party officials benefit from their high standing have been particularly sensitive after reports that the disgraced Politburo member Bo Xilai may have held more than US$100 million in assets within his extended family.