People's Daily Online President Denies Reports of China Mobile Investment
Published:
2010-06-10
He Jiazheng, president of People's Daily Online, yesterday denied any knowledge of plans by China Mobile to invest in the online news portal. He was quoted as saying "(I) haven't heard this news about China Mobile injecting capital into People's Daily Online." He went on to say that the current major challenge for People's Daily Online was reform of the the company structure and that the time for attracting strategic investors had still not arrived.
Source
Oriental Morning Post
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