Comment on Murdoch empire borrows US$100m from state-owned Bank of China by Jennifer Pearce


Source: crikey.com.au crikey.com.au

Key Topics in this News Article:

News Snapshot:

In a classic case of “do as I say, not as I do”, the Murdoch family has tapped into a US$100 million loan from a Chinese government bank, at the same time as its global media empire is going to war with the Chinese Communist Party. The Murdochs have gerrymandered control over two public companies — News Corp and Fox Corp — and ever since COVID hit two years ago their outlets — such as Sky News Australia, The Australian, Fox News and The New York Post — have become virulent critics of the Chinese regime. However, China has become...