Bloomberg Editor John Liu tells GBJ commencement that quality journalism, technological advances offer optimism to battered media industryPosted: July 9, 2018
Rapid advances in Artificial Intelligence technology give journalists “great reason to be optimistic about the future” of an industry that has struggled with declining audiences and revenues for the past decade, John Liu, Bloomberg News Executive Editor for Greater China, told 2018 Global Business Journalism Program graduates at the annual commencement ceremony on June 5.
Innovative media outlets such as Bloomberg News and The New York Times have harnessed the power of AI to improve the quality of their data analysis and to increase audience engagement by offering digital news stories of particular interest to each news consumer.
“Things are starting to get better know, because people are discovering that consumers are willing to pay for good content,” Liu said in an address at the Tsinghua School of Journalism and Communication. “The next big step, we believe, is AI telling you what you want to read, what you want to watch, before you know it’s there, even translating it into the language you want to read,” he said.
Sixteen international students were awarded master’s degrees in Global Business Journalism in a 90-minute ceremony, while 19 Chinese students received master’s certificates in addition to their master’s degrees from the Tsinghua School of Journalism and Communication.
Students from 65 nations and regions have participated in the Global Business Journalism Program since its creation in 2007. This year, Icigumije Brice became the first GBJ graduate from the African nation of Burundi.
Dr. Hang Min, GBJ Co-Director and TSJC Associate Dean for International Affairs, said that at a time of “dramatic change in China and beyond” that it is important for young journalists to have “multiple perspectives” and to offer “constructive solutions and not just destructive criticisms.”
“Stay open,” she urged the graduates. “Never close any window of opportunity and never say no to something because it’s not your planned path.”
GBJ Co-Director Rick Dunham told the students and their families that the media industry needs to do more to boost the careers of women.
“In the GBJ program, about three-fourths of our students are women, and with rare exceptions, women are the top performers in our program. Yet many of these high achievers may face obstacles in the job market. Women suffer discrimination, overt and hidden, in hiring, promotion and pay,” he said. “We must overcome these insidious forms of male discrimination. In the words of the American civil rights anthem of the 1960s, ‘we shall overcome, some day.’”
Professor Dunham noted that TSJC “is leading the way in empowering women,” and Liu noted that five of the six GBJ grads hired by Bloomberg have been women.
“Not only is advancing women in the workplace the right thing to do, it is also good business,” he said.
Top GBJ students also offered their perspectives on the program. Speaking for the Chinese graduates, Zhu Yuxuan, hailed GBJ as “a great program for us to develop a global vision … while we are gaining professional knowledge.” International student Zhu Yuxuan, of Japan said GBJ “has allowed me to broaden my horizons and meet friends from all over the world.”
“Every day, we met talented and outstanding students from all over the world, and had the chance to interact with local Chinese students,” she said. “All of us played together, learned together, and progressed together over these two years, and I’m sure every one of us emerged as a better person than we were two years ago.”
Sarah Talaat of the United States, chosen as the GBJ speaker at the TSJC ceremony later in the day, said GBJ students were not only taught practical journalism skills, but also “how to pursue a career grounded in truth and patience, brought about by hard work and dedication, and held to the highest standards of our chosen fields.” She predicted that the program’s sponsors “will see a return on your investments in the shape of better journalism and communication for the benefit of the world.”
Speaking for GBJ graduates was Grace Shao of Canada from the Class of 2015, who worked at CGTN for two years and is returning to academia this fall to study data journalism at Columbia University in New York. Shao, who covered top global economic issues and developments in Korea during her time at CGTN, urged graduates to “undersell yourself” and take care of their health.
“This industry isn’t for the meek,” she said. We have to be on our toes at all times; you have to have writing skills, multimedia skills, analytical skills, people skills, presentation skills, and so on, I can’t think of a job that demands a more well-rounded candidate. Believe in your talents and all that you’ve learned here from your Tsinghua professors!”
Top TSJC officials taking part in the ceremony included Executive Dean Chen Changfeng, Administrative Dean Hu Yu and Administrative Dean of Research Shi Anbin. Professor Zeng Fanxu was honored as top academic supervisor. Graduating students Li Chengzhang, Shi Lin, Quan Yue, Yuki Nakajima and Linda Lew received special awards for their contribution to the GBJ program.
Here is the complete text of my commencement address to the Global Business Journalism graduation ceremony at Tsinghua University on July 5, 2018.
大家好。Добрый день. Welcome.
I am honored, on behalf of the International Center for Journalists and the international faculty of the Global Business Journalism Program, to congratulate all of you on your successful completion of your studies.
This special group includes some of the best young journalists in China, along with a diverse mixture of nations: Japan, Russia, Australia, Malaysia, Singapore, Thailand, Korea, Pakistan, Burundi, Azerbaijan, New Zealand, and the United States. Some of you already have made a mark on the world of business journalism during your Tsinghua years. I have great confidence that even more of you will have an impact in the years to come.
Since 2007, the Global Business Journalism program has improved the quality of journalism – and public understanding of business and economic issues – in China and around the world. You have benefited from cross-cultural learning, practical journalism training, and a varied curriculum featuring both Chinese and international professors at one of the world’s great universities.
In the GBJ program, about three-fourths of our students are women, and with rare exceptions, women are the top performers in our program. Yet many of these high achievers may face obstacles in the job market. Women suffer discrimination, overt and hidden, in hiring, promotion and pay. In many countries, it is acceptable to deny jobs or promotions to women because the employer fears they will become wives and mothers, and will not be as committed to their day jobs as men.
Subtle forms of discrimination continue to subvert women’s empowerment even in so-called progressive countries. A recent study of Twitter use by American political reporters found that of the 25 reporters who received the most social media replies from male political reporters in the United States, zero were women. And whose posts did male reporters share? Only three of the 25 most frequently shared reporters were women. It’s no surprise that the vast majority of “experts” quoted by male reporters tend to be male. It’s time for change.
Joyce Barnathan, president of the International Center for Journalists, was one of 10 prominent media leaders who last month proposed 14 steps to combat industry sexism. “It’s time to stop talking about the need for equality and start actively reforming the industry,” Joyce and the other leaders wrote.
We must overcome these insidious forms of male discrimination. In the words of the American civil rights anthem of the 1960s, “we shall overcome, some day.”
But a feminist author, Betty Millard, was unimpressed by the title, “Man Against Myth,” and produced her own tract in response: “Woman Against Myth.” She decried the cultural and religious customs cited to subjugate women around the world.
As Millard noted, Confucius wrote many centuries ago: “It is a law of nature that women should be kept under the control of men and not allowed any will of their own.” Confucius, without doubt, was a great man. But he was not always right.
Sadly, Millard’s analysis is still relevant today. A GBJ student, in his thesis this year, argued that Islamic feminists believe that “women’s struggle for equality with men is doomed to fail, as women are placed in ‘unnatural settings’ where they are denigrated and burdened with paid work on top of domestic labor.”
I believe in academic freedom, but I do not agree with the sentiments expressed in this quotation.
Fortunately, the Tsinghua School of Journalism and Communication is leading the way in empowering women. Our executive dean, Dr. Chen Changfeng, is a brilliant scholar and inspirational leader. Our associate dean for international affairs, my friend and GBJ co-director Dr. Hang Min, has earned a global reputation for media management and cross-cultural partnerships. Doctors Fan Hong and Dai Jia are popular GBJ professors, and Li Laoshi, Rose Li, is our indispensable international administrator. And more than half of the keynote speakers at our annual Tsinghua Business Journalism Forums have been women.
You see, women can achieve, if given the opportunity and freed of institutional and societal constraints. I hope that all of you in the graduating class of 2018 take inspiration from the accomplishments of your professors and your peers. It is sometimes harder for women to succeed in journalism. That’s the reality. Men still run most news organizations, and men make most of the hiring decisions. But through persistence and sheer excellence, women are gaining ground. I hope to live long enough to see some of you lead the journalistic, economic and even political worlds of the 21st century.
I close by quoting my favorite philosopher, my grandfather, Barrows Dunham. During a lecture in Massachusetts, he expressed optimism about the battle for social progress. “Even now,” he said, “we ourselves are determining the future, not by knowing what it will be, but by conceiving of what it can be.”
I look forward to you determining the future and changing our world. I will cherish your future achievements, unfettered by ancient superstitions and prejudices. Please stay in touch.
谢谢, 大家。Большое спасибо. Thank you.
Come join us! Global Business Journalism students offer tips on navigating the Tsinghua application processPosted: January 10, 2018
Come join us!
Global Business Journalism Program student journalist Botlhe Dikobe of Botswana produced this engaging video to celebrate the completion of her first semester in the Global Business Journalism Program. It has tips from current students on how to apply for our English-language master’s program at Tsinghua University, and what’s in store for you if you’re accepted.
Remember, our program is a partnership between the International Center for Journalists, the pre-eminent journalism training organization in the world, Bloomberg News, the most respected source of business news and data, and Tsinghua University, China’s top university.
Please share this with your family and friends as we build our community and seek more great applicants for the 2018-19 academic year. The deadline for early admission applications is January 15. The final deadline is March 1. An earlier application improves your chances of receiving a scholarship.
For more information on the program: https://rickdunhamblog.com/2017/11/20/apply-now-for-the-global-business-journalism-program-tsinghua-university/
Video: Why the GBJ program is a great choice for a master’s program: https://rickdunhamblog.com/2017/01/18/video-why-the-global-business-journalism-program-at-tsinghua-is-a-great-choice-for-graduate-school/comment-page-1/#comment-2301
Apply here: http://gradadmission.tsinghua.edu.cn
The Global Business Journalism master’s program at Tsinghua University is made up of a diverse group of students from around the world. Students from more than 60 nations have learned from GBJ’s experienced international journalists and eminent Chinese scholars over the past decade.
GBJ student Narantungalag Enkhtur, a former Bloomberg TV Mongolia reporter, produced a video that allows you to meet current students from Africa, Europe, Asia, Australia and America and hear them explain what that they are learning in this world-class program at China’s top university.
GBJ was created in 2007 by Tsinghua and the International Center for Journalists, a Washington-based nonprofit organization that is committed to journalism excellence and training around the world. Bloomberg News is the program’s chief sponsor.
The first round of applications for September 2018 admission is open until January 15, 2018. The second round of applications runs from January 16, 2018 to March 1, 2018. An earlier application improves your chances of receiving a scholarship.
For more information on the program: https://rickdunhamblog.com/2017/11/20/apply-now-for-the-global-business-journalism-program-tsinghua-university/
Apply here: http://gradadmission.tsinghua.edu.cn
As a regular analyst of American politics, policy and economics, I am often asked to explain Donald Trump to global audiences. Here is my Fourth of July segment on World Insight with Tian Wei:
— World Insight (@worldinsightTW) July 5, 2017
Here is the text of my address to the 2017 graduating class of the Global Business Journalism Program at Tsinghua University on June 28, 2017.
大家好。Добрый день. Benvenuti. Welcome.
I am honored, on behalf of the International Center for Journalists and the international faculty of the Global Business Journalism Program, to congratulate all of you on your successful completion of your graduate studies.
You are a special group – the best young business journalism minds in China, along with a unique mixture of nations: Iran, Israel, Italy, Vietnam, Thailand, Uganda, Zimbabwe, Slovakia, Turkey, Russia, Canada, and the United States. Some of you already have made a mark on the world of business journalism during your Tsinghua years. I have great confidence that many more of you will have an impact in the years to come, in journalism systems as disparate as Iran, the United States and China.
All of us in this room have our differences – cultural, geographical, even political – but one thing that unites us is the search for truth. As Jim Asher, a 2017 Pulitzer Prize winner for his role in the Panama Papers investigation, said recently: “A world without facts can’t function.”
We live in an unsettling era when the concept of “truth” can be a matter of dispute. Kellyanne Conway, a counselor to Donald Trump, has declared that the White House is entitled to its own “alternative facts.” Whatever that means.
To the graduating class of 2017 and your proud professors, that’s just plain nonsense. We owe it to the public, whether we operate in the United States, China, or anywhere around the world, to share the truth, as best as we can tell it, and to explain what the truth means to our audience. As the 2017 National Press Club president, Jeffrey Ballou, said to fellow American journalists in Akron, Ohio: “Truth is not a game at all.”
The esteemed Russian author Fyodor Dostoevsky, in Братья Карамазовы, The Brothers Karamazov, summed up the predicament of the perpetual prevaricator. “The man who lies to himself and listens to his own lie,” he wrote, “comes to a point that he cannot distinguish the truth within him, or around him, and so loses all respect for himself and for others.”
We must respect knowledge, respect truth, and respect ourselves. We owe it to the global public to use the knowledge we have gained about China and about global economics to provide our audiences with intelligent, insightful and factual reports. With your newfound expertise on the Chinese economy, globalization, corporate strategies and much more, you can communicate clearly and comprehensively, on any multimedia platform, about issues ranging from the Paris climate change accords to the Belt and Road Initiative.
One of my favorite philosophers, Nelson Mandela, said that “a good head and good heart are always a formidable combination. But when you add to that a literate tongue or pen, then you have something very special.”
You have something very special – tools that you can use to make the world a more informed and a more just place. Because, as our dean, Liu Binjie, said in his speech welcoming many of you to the Tsinghua School of Journalism and Communication in September 2016, “Justice is the soul of the news.”
Barbara Cochran, my successor as president of the National Press Club Journalism Institute in Washington, reminds us that truth is an imperfect pursuit, and journalists are imperfect people. “All news organizations make mistakes from time to time,” she said recently, “but they are trying to tell the truth and generally do it well.”
Truth and justice. The Global Business Journalism program has been trying to live up to the highest international standards for the past 10 years. Since 2007, the GBJ program has combined rigorous academics with practical journalism training in a cross-cultural setting at one of the world’s great universities.
Thanks to the vision of brilliant minds such as Professor Li Xiguang, ICFJ president Joyce Barnathan, and ICFJ vice president Vjollca Shtylla, the GBJ program was created. Thanks to the financial and journalistic support of Bloomberg News, ICFJ, the Knight Foundation and Bank of America, it has grown and prospered. Thanks to the commitment of Tsinghua leaders like Dr. Hang Min, Dean Shi, Dean Chen, Dean Hu, Professor Lee Miller, Professor Dai Jia, and many more, it has a bright future. Thanks to dedicated and high-achieving alumni from some 60 countries, GBJ is improving the quality of journalism – and public understanding of economic issues — in China and around the world.
I close by quoting my favorite philosopher, my grandfather, Barrows Dunham. In his 1947 book Man Against Myth, he concluded that understanding the truth was necessary to overcome society’s myths. “With words, as with knowledge generally,” my grandfather wrote, “there can be no substitute for constant analysis of fact.”
Truth. Justice. Words. Knowledge. Tsinghua. That pretty much sums it up. Congratulations on your achievements in the Global Business Journalism Program. I look forward to your truth-telling in the years to come.
Major shifts in U.S. trade policy make it vitally important to study global business and China’s role in itPosted: February 2, 2017
The global economic order is rapidly changing, and China, with the world’s second-largest economy, is becoming an increasingly important player. As U.S. international and trade policies shift dramatically under a new administration, China is aggressively seeking to bolster its leadership role in the world’s interconnected global economy on trade and other business issues.
If you are interested in pursuing a career in business journalism, now is a great time to study global business in China in the Global Business Journalism Master’s Program at Tsinghua University in Beijing. (Of course, your blog author has a personal stake in this program: I’m co-director.) The extended deadline to apply for admission to the GBJ program is March 20, 2017.
Tsinghua University is the most prestigious university in China, providing a genuine international environment to students from around the world. The Global Business Journalism Program at Tsinghua, founded in 2007, has won international acclaim for teaching global best practices in business journalism and the technical skills needed to succeed in today’s digital news environment.
The program, a partnership between Tsinghua, the International Center for Journalists and Bloomberg News, trains future journalists who can help the public understand the complexities of global business and the economy. Students in the program benefit from a faculty that includes award-winning journalists from prominent media organizations such as Bloomberg News, the National Press Club of Washington and Business Week, as well as renowned Chinese scholars with degrees from prestigious international institutions.
The two-year program is fully taught in English. Enrollment in the courses is about half international, half Chinese. The program provides internship opportunities at major media organizations and offers summer reporting programs in New York and Washington.
Scholarships are available to top applicants. The deadline to apply for scholarships, as well as admission, is February 28.
Graduates of the intensive program emerge with a network of valuable connections that can enrich their careers. You can contact GBJ or ICFJ with any questions.
To share the mini-documentary on GBJ, send your friends this link: https://www.youtube.com/watch?v=VQ6kr_rUeI8&feature=youtu.be
To apply, please visit the application site:
For more of the program, please visit the program’s official website:
Contact at Tsinghua School of Journalism and Communication:
Ms. Ma Chengcheng (Sarah)
The GBJ Office
Room 302, Omnicom Building,
School of Journalism and Communication
Beijing 100084, P. R. China
Tel: +86 10 6279 6842
Fax: +86 10 6277 1410
The Global Business Journalism Program is the subject of a documentary film that highlights the program’s unique role in teaching advanced economics reporting skills to Chinese and international graduate students.
The GBJ program, the first graduate business journalism program taught in English on the Chinese mainland, features a rigorous curriculum taught by leading Chinese academics and prominent international journalists.
The five-minute mini-documentary was produced and directed by second-year GBJ student Simone Martin of Italy. It was based on a project he completed for a documentary news course. First-year GBJ student Sarah Taylor Talaat of the United States was the film’s narrator.
“In its first decade, the GBJ program has been recognized as one of the top international programs in China — and now, students from around the world, together with Chinese students, are learning advanced business writing, corporate strategies, economics, accounting, data mining, multimedia storytelling and other skills,” Talaat says in the documentary.
The film features interviews with current students and GBJ faculty. GBJ student Tendekai Finos from Zimbabwe called the program “an interesting opportunity to learn in China, as well to study in China, where the economy is growing rapidly.” Viktoria Fricova, a second-year student from Slovakia, said she first discovered the program when searching for a high-quality international graduate journalism program. “When I found it on the internet, I knew this was the option for me,” she told the documentarian.
The Tsinghua School of Journalism and Communication will use the documentary to reach out to potential students internationally, to further enhance its reputation in China, and to attract partners and supporters to the program, said GBJ Co-Director Rick Dunham.
“We’d like continue to expand, so that we can be the leaders in training Chinese journalists of the next generation, and become a destination spot for global journalism,” Professor Dunham says in the film.
Launched in 2007 in partnership with the International Center for Journalists and Bloomberg News, the GBJ program has trained more than 400 graduates, many of whom have become journalists at prominent news outlets from Bloomberg to People’s Daily and Xinhua News Agency.
“We wish to welcome the world to join us,” GBJ Co-Director Dr. Hang Min says in the documentary. “We are setting the standard for business journalism education.”
>>> You can also watch the video on YouTube
>> For more information on the application process
>>> Here’s the GBJ website
>>> Here’s how you can begin the application process