Hacker News new | ask | show | jobs
by segfaultbuserr 2142 days ago
> Thank you, this was an excellent read for myself, an English-speaking American.

Thanks Google Translate. This level of readability was unimaginable in 2015. Back then, the result was nonsense. In recent years however, the quality of Google's Chinese-English translation has significantly improved by better machine-learning models, and works especially well for formally written articles like news stories.

> Are Chinese news stories often this long and detailed?

This is a high-profile financial fraud, even by Chinese standards - whistleblowers, government funds, shareholder hostility, thousands of employees losing jobs, criminal investigation opening, and CEO flee to the USA. Naturally, it receives extensive press coverage.

> Is it extra newsworthy because Saleen / "Sailin" vehicle manufacturing was part of that province's five year plan? Or would this have gotten the same coverage regardless?

Not necessarily, a large fraud is enough. But a major connection to the government definitely helps to escalate the case to a national political scandal, implies the existence of political corruption (or at least incompetency and stupidity). Unfortunately, it happens from time to time.