Caijing rocked by resignations

The general manager of China's most influential and profitable financial magazine has resigned along with dozens of her staff after a scuffle over editorial control with the publication's powerful owner.

Zhang Xianghui, public relations director at Caijing Magazine, told China Daily yesterday that the journal's Daphne Wu Chuanhui and nearly 70 employees, or more than two-thirds of the business department, had resigned.

Dai Xiaojing, manager of media operations at the Stock Exchange Executive Council (SEEC), Caijing's owner, has been appointed the new general manager, Zhang said.