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China Convicts Media Chief of Extortion, Fraud

A Chinese court has sentenced the former president of a major news organization to four years in prison after finding him guilty of extortion and fraud. A Shanghai court on Thursday found that Shen Hao, president of 21st Century Media Ltd. and publisher of the business daily 21st Century Business Herald, was guilty of extortion, bribery, and misappropriation of funds. State media said the court found that Shen demanded money from other businesses in exchange for reporting positive...

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