Jimmy Lai: What's the Hong Kong Media Mogul Up To?

Media tycoon Jimmy Lai at his company's headquarters in Hong Kong, in 2011 Photograph by Mike Clarke/AFP via Getty Images

After struggling for a decade to build a profitable TV and print media business in Taiwan, Jimmy Lai has had enough. Lai, the rare Hong Kong businessman unafraid to pick fights with China’s Communist leaders, should have been a natural fit in Taiwan, the island province that was the final bastion for Chiang Kai-shek’s losing Nationalists after the Communist takeover of the mainland in 1949. But since launching a Taiwanese version of his popular Hong Kong magazine, Next Weekly, in 2001, Lai has struggled to overcome resistance from Taiwanese rivals and regulators uncomfortable with his sharp elbows and tabloid sensibility.

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