Abstract
The paper explores the role of elite financial media in construction narratives of global interconnectivity, in a comparative framework[7]. The existing era of globalization provided us with new challenges for strategic intelligence as the virtual compression of time along with new technological achievements in shorter period of time and potentially cataclysmic threats[8]. Two globally circulated financial journals—Caijing, China’s leading financial news organization, and the Economist, with a vital influence across the globe—are chosen to manifest the diverse media discourses representing, respectively, the Chinese and Anglo-American socio- economic backgrounds. The paper aims to use the quantitative content analysis to answer the question: what are the narrative characteristics of the Caijing and the Economist in portraying China’s economic globalisation? The study are designed to tackle a specific focus on the globalised elite communication, in order to guide the investigation of China’s global interconnectivity in a hybridizing and contesting way[4]. Like other forms of mediated electronic connectivity, the Internet instead of circumscribing sovereignty has offered centralised authority new ways of conducting statecraft, by circulating ideas that represents the consensus shared by global elites.
Highlights
The paper treats financial media as a particular genre, from a perspective of how it narrating the topics of China’s economic globalisation [1]
With the regard to investigate the topic in the narratives of markets, three key events are considered as representative in understanding such media discourse: China’s accession to the World Trade Organisation (WTO), Foreign listing (IPO), and Outward Direct Investment (ODI)
Across comparing three stories of narration, the WTO entrance is mostly reported with various styles for both two journals, with News, Features, and Editorials much more evenly distributed
Summary
The paper treats financial media as a particular genre, from a perspective of how it narrating the topics of China’s economic globalisation [1]. It examines the online published discourse, in which the contesting idea of laizzez faire primarily referring to the conflict between the state and the market[2]. The paper employs a ten-year time span from 1998 to 2008, based on the consideration that it includes major economic events and controversial discussions of China’s integration, and it justifies the existence of Caijing as its chief editor Hu Shuli who is the opinion leader resigned in 2009
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