Well-known US magazine may be quitting Chinese market_美文

Well-known US magazine may be quitting Chinese market

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Once the best-selling consumer magazine in the United States, Reader's Digest may close its Chinese version due to unclear readership targets and weak promotion.

Reader's Digest began to publish the monthly magazine Puzhi on the Chinese mainland in 2008 with the cooperation of the Shanghai Press and Publishing Development Co.

Puzhi, which means "universal knowledge" in Chinese, is the same size as Reader's Digest in the US and features similar content.

Ye Qingcheng, a Beijing-based writer, posted on her micro blog on Monday night that the Puzhi office has started to dismiss employees and that Reader's Digest is going to quit the Chinese mainland market.

She said it was a pity to lose such a good magazine.

Gregory Yim, the Shanghai-based business manager of Reader's Digest China, would not comment when reached by China Daily on Tuesday.

But one staff member confirmed the planned closure.

"It's true, but we're still waiting for more information about when we will leave," said the staff member, who declined to be identified.

Xue Li, a Shanghai-based freelancer, said she has written articles for almost every issue for two years.

Huang Jianhua, an accountant from a food supply company in Shanghai, started reading Puzhi in 2009 when her bank gave her a free six-month subscription.

"It's true that some of the original essays and book reviews are quite impressive, but translated articles, which take up most of the content, do not interest me," Huang said.