"Independent journalism in China, never a robust phenomenon, has taken a body blow with the resignation from the country’s top investigative business magazine of its pioneering editor. Hu Shuli, editor and founder of the biweekly Caijing, stepped down Monday after a prolonged tussle with the magazine’s owners over financial and political differences. “This is disastrous for professional journalism in China,” says David Bandurski, head of the China Media Project at Hong Kong University. “Hu Shuli embodied the professional spirit. Her departure is a huge discouragement to Chinese journalists.”"