CMC Founder Li Ruigang Removed As President Of Shanghai Media Group

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Li Ruigang, chairman and president of Chinese media conglomerate the Shanghai Media Group, has been removed from the position as president, according to an official document issued by the Shanghai municipal government on December 28, 2014.

The state-owned media group’s executive director Wang Jianjun will take over as president. The document did not say the reasons behind the change.

China Money Network

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