Hu Shuli, the founder and editor of Caijing, China’s most influential business magazine, has resigned from her post after clashing with the magazine’s owners over financing and censorship, the Wall Street Journal reported. Most of Caijing’s top editors also resigned. The walk-out follows months of uncertainty about the future of the bi-weekly magazine. Sources said Hu was angry at what she saw as the lack of support for her publication from the magazine’s owners, including a failure to fund it adequately and to back it in battles with authorities over its coverage of ethnic riots in Xinjiang this year. Hu will take up the position of dean of a new journalism school at Sun Yat-sen University in Guangzhou. Hu’s departure has also raised uncertainties over the future of a planned English language financial news wire service – a proposed partnership between the magazine and Hong Kong tycoon Richard Li Tzar-kai.
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