Arrested Chinese Journalists Describe Extorting Companies

By: Chris Buckley | New York Times

HONG KONG — Journalists who worked for a business news website under investigation in Shanghai have described a scheme of extorting Chinese companies, which were pressed to pay in return for the production of flattering articles or the burying of damaging ones, according to reports in the state-run news media.

The accusations against the site, 21st Century Net, followed the arrests of eight people last week in the case.

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