Bloomberg on China

“The Chinese, if they’re trying to control what people see, they don’t worry about us”

Michael-Bloomberg w

Bloomberg’s eponymous founder Michael Bloomberg tells the Financial Times that the media firm’s terminal business is “growing very rapidly” in China. “We’re a professional product. It isn’t the man in the street who reads our stuff,” he added. Bloomberg’s Beijing-based New Economy Forum – last held in November – now makes up 65% of Bloomberg Media’s live events revenue, with the Chinese conference netting an estimated $30 million last year.

© ChinTell Ltd. All rights reserved.

Sponsored by HSBC.

The Week in China website and the weekly magazine publications are owned and maintained by ChinTell Limited, Hong Kong. Neither HSBC nor any member of the HSBC group of companies ("HSBC") endorses the contents and/or is involved in selecting, creating or editing the contents of the Week in China website or the Week in China magazine. The views expressed in these publications are solely the views of ChinTell Limited and do not necessarily reflect the views or investment ideas of HSBC. No responsibility will therefore be assumed by HSBC for the contents of these publications or for the errors or omissions therein.