More casualties from unhealthy competition

THE Nanyang Press Group has cautioned that unhealthy competition among Chinese newspapers may result in more casualties in the fiercely competitive market, which has already seen the collapse of four of the nine Chinese dailies since the 1980s. 

Reporting on a statement issued by the group, which publishes the Nanyang Siang Pau and China Press, Nanyang said what happened in Hong Kong –where Apple Daily’s aggressive foray into the market forced three established newspapers to close shop – could also happen here.