Chinese Regime Forced NASDAQ to Ban NTD: WikiLeaks

2012-01-31 6

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In 2007 NASDAQ barred NTD from reporting from their studio in Times Square. Now a WikiLeaks cable is giving insight into what may have been behind the scenes in manipulation by the Chinese regime.

Five years ago NTD Television was reporting daily financial news from NASDAQ's studio in Times Square, New York. Suddenly in February 2007 NTD was asked to leave and we have not been invited back since. Now a diplomatic cable released by WikiLeaks on August 30th last year may shed some light on NASDAQ's motives in locking NTD out.

The cable explains: "Chinese security officials detained and questioned American citizen Lawrence Pan, NASDAQ's chief representative in China, on the morning of January 26 in connection with NASDAQ's alleged 'support' for Falun Gong activities in the United States."

Since the station was set up in 2001, NTD has consistently reported on the Chinese regime's persecution of Falun Gong, as well as other sensitive human rights issues in China. Senior Vice President at NTD, Samuel Zhou, said in an interview with the Epoch Times "we're probably the only Chinese-language television station to do that. That's why the CCP is unhappy about this station." He was referring to reporting on the Chinese regime's persecution of Falun Gong, whereby more than 3000 people have been killed since 1999.

But it didn't stop there.

The cable states that after Pan's release, he informed NASDAQ's Asia Pacific director, James Ogilvy-Stewart, that to secure his release he:

"May have pledged to Chinese authorities that NASDAQ would no longer allow the Falun Gong-operated television network New Tang Dynasty News to cover NASDAQ from the electronic stock exchange's New York headquarters."

It was less than a month after this incident that NTD anchor Serene Lee found her security card at NASDAQ didn't work.