A recent article in The Wall Street Journal about the prospects for private jet sales in China estimated that China had 3 million people worth over $1 million and 8,000 worth over $30 million. I’d love a story explaining who these people typically are and how they made their money. We know generally that China’s ruling Communist Party is all about political dominance rather than economic orthodoxy, but I suspect I’m not the only one who is otherwise ignorant when it comes to how free markets and entrepreneurship coexist in a country with so much state control and so many state-owned enterprises. It can’t all be about the Communist bosses doling out the spoils to its cronies. Or is it?
Behind the News
11:47 AM - April 3, 2012
Stories I’d Like to See
Cable conflicts, BlackBerry’s demise, and China’s millionaires
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The press is responsible for ignoring Bill Cosby rape allegations - Where were journalists 10 years ago when claims originally surfaced against him?
Journalism has a plagiarism problem. But it’s not the one you’d expect - Fareed Zakaria’s case highlights news organizations’ ethical grey areas
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Email blasts from CJR writers and editors
“[I]n spite of all the good reasons not to use the phrase, it is still very easy to find in the US press, even in headlines”
“Right now, my immediate plan is to go to work as a lay therapist at The Intercept to bring the healing there so John Cook and Matt Taibbi can return. I have great interpersonal skills.”
“Like the US drone program itself, this deceitful media practice continues unabated”
“The organization’s board of directors decided that UNITY will no longer host the quadrennial conferences for which it had become known”
Greg Marx discusses democracy and news with Tom Rosenstiel of the American Press Institute
Who Owns What
A report from the Columbia University Graduate School of Journalism
Questions and exercises for journalism students.