The WSJ‘s China Real Time section discusses a recent announcement that the government will be cracking down on “fake news”:
According to the People’s Daily, the official mouthpiece of the Communist Party, such a phenomenon “seriously damages the image of news workers, corrodes the credibility and authoritative nature of the news media, is strongly opposed by all sectors of society, and bitterly detested by the people.” Nine government departments will be involved in the crackdown on such activity, the newspaper said.
By extortion, the government was referring to the practice in which people presenting themselves as journalists — real or not — threaten to report negative information on sources unless they pay them. While it didn’t explicitly spell out what it meant by “fake news,” the government has in recent years been cracking down on the dissemination of rumors or thinly sourced reports that it says contribute to social instability.
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Late last year, in one particularly high-profile case, a Chinese newspaper journalist confessed to accepting hundreds of thousands of yuan in exchange for producing stories defaming a large construction-equipment maker. (Chinese reporters routinely accept hongbao, or small packets of money, when attending press events.) Meanwhile, deal-cutting among IPO candidates faced with media extortionists — in which many companies pay for advertisement space to avoid negative coverage — is common, according Caixin Magazine.
