China Jails Former Newspaper Group President for Fraud

From Reuters

A Chinese court on Thursday jailed the former president of a major Chinese news organization for four years after finding him guilty of extortion and fraud.

Shanghai prosecutors last year arrested Shen Hao, president of 21st Century Media Ltd. and publisher of influential business daily 21st Century Business Herald, on counts of extortion, bribery and misappropriation of funds.

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