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Chinese journalist Liu Jianfeng crowdsources his funding

Last July, veteran Chinese journalist Liu Jianfeng posted an announcement on the Chinese microblog Weibo, confirming his intention to become an independent investigator and writer. In a country where all media remains state-owned, Liu's plan was a bold one. He promised to produce four to six independent, investigative stories in the coming year, and to fund his costs by crowdsourcing. His financial target was 250,000 yuan (about US$40,000).

March 5, 2014 3:36 PM ET

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