Chinese NYT?

[DrLeftover]

Chinese Businessman Says He Wants Stake in Times Co.
December 31, 2013

SHANGHAI — A wealthy Chinese businessman and philanthropist known for his zany public stunts said on Tuesday that he was leading a group of investors seeking to acquire a large or controlling stake in The New York Times Company.

Shares in the Times Company jumped 4 percent to a five-year high on Monday, shortly after the businessman, Chen Guangbiao, hinted at his plans in a speech in southern China.

The publisher of The New York Times said earlier this year that the family that controls the paper is not interested in selling it.

In a telephone interview on Tuesday, Mr. Chen said he had been thinking about “working with” The New York Times for years. Recently, he said, he had persuaded two businessmen, including a Hong Kong tycoon, help him raise about $1 billion to snap up a large portion of the company, now valued at about $2.4 billion based on its stock price.

http://mobile.nytimes.com/2014/01/01/business/media/chinese-businessman-announces-bid-to-buy-stake-in-times-co.html

 

[Nebulous's iconNebulous]

Although The Times has a news bureau in China, the paper’s English- and Chinese-language websites have both been blocked here since late 2012, after The Times published an article about the hidden wealth of the relatives of then Chinese prime minister, Wen Jiabao.

Buy something that you can't even show to the people in your country.

Even if unblocked, they will re-block it again if they say ANYTHING the Chinese govt. doesn't like.