Caixin
Oct 08, 2018 04:09 PM
BUSINESS & TECH

Caixin Global, Australian Financial Review Announce Partnership

* New deal builds on Caixin’s list of existing partnerships, including those with Bloomberg News and The Wall Street Journal

* Caixin Media Publisher Hu Shuli says move will help provide Chinese readers with “fresh perspectives”

(Beijing) — Caixin Global, the international arm of leading Chinese financial news and data provider Caixin Media, has entered into a content-sharing partnership with The Australian Financial Review (AFR) in a move that furthers its aspirations to become China’s first private top-tier global news and information platform.

The agreement will allow the outlets to use each other’s content and harness the other’s in-depth reporting to deliver more comprehensive and in-depth stories to readers, said Li Xin, Caixin Global’s managing director, at a forum launching the partnership in Sydney on Monday.

“We are partnering with AFR because we want to make it the best in China, and we are pursuing the best and most important stories of our time,” Li said at the launch. “What we share is the strong value that in challenging times, we can provide readers with guidance and confidence; that there are real facts and evidence behind our reporting; and that we still have journalists pursuing facts on behalf of the public. That’s the foundation of our collaboration.”

Established in 1951, the Financial Review now owns the traditional masthead website, afr.com, along with weekday and AFR Weekend print editions and magazines such as the award-winning AFR Magazine and Boss.

The new deal builds on Caixin’s list of existing partnerships, include those with Bloomberg News, The Wall Street Journal, CNBC and the BBC. Caixin has also developed its expertise as a data provider, publishing the Caixin China General Manufacturing Purchasing Managers’ Index, a highly regarded measure of China’s economic performance. In February, it teamed up with Citic Capital to purchase Global Market Intelligence Division, which provides global financial information and data in over 15 languages, with a focus on emerging markets.

Caixin has been recognized as an unrivaled producer of investigative journalism in China and an indispensable source of information on China for investors, business leaders, policymakers and academics since its founding in 2010.

“With rising global interest in China, we are bringing our original, investigative journalism to international readers through enhanced English-language offerings, as well as building collaborations with international partners in key markets to provide Chinese readers with high-quality reporting and fresh perspectives,” said Hu Shuli, founder and publisher of Caixin Media and the chairwoman of Caixin Global. “The tie-up with the highly respected Australian Financial Review is an important step in this endeavor.”

Contact reporter Ke Dawei (daweike@caixin.com)

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