31 Dec '13, 11am

Chinese tycoon Chen Guangbiao says he is in talks to buy New York Times

Chinese tycoon Chen Guangbiao says he is in talks to buy New York Times

Flamboyant Chinese millionaire philanthropist Chen Guangbiao handing out cash at an event in Singapore on March 9, 2013. Mr Chen, listed as one of China's 400 richest people and a man known as much for his publicity stunts as his wealth, claims he is in talks to buy the New York Times. -- ST FILE PHOTO: DESMOND WEE BEIJING (AFP) - First he handed out cash to victims of China's 2008 earthquake. Then he sold "canned fresh air" to residents of smog-ridden Beijing. Now Mr Chen Guangbiao, listed as one of China's 400 richest people and a man known as much for his publicity stunts as his wealth, claims he is in talks to buy the New York Times. "Soon, I will go to America to do three things," Mr Chen told a crowd Monday night at a news media award reception in the southern Chinese boom town of Shenzhen, according to the semi-official China News Service. The first, he said, "is to...

Full article: http://www.straitstimes.com/breaking-news/asia/story/chin...

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