In the first 11 months of 2012, the 80 major steel makers posted a loss of 1.97 billion yuan, said Wang Qinghai, chairman of the association, during a meeting this weekend.
She had two conditions: Wang would never interfere in her newsroom, and he would give her a budget of two million yuan about a quarter of a million dollars to pay for serious reporting trips and salaries that were high enough to prevent reporters from taking bribes.