The PhoenixTV reporter stated "The company is privately owned". I'm sure that President Trump knew this wasn't true.
https://en.wikipedia.org/wiki/Phoenix_Television
Management
Liu Changle (劉長樂), CEO and founder of Phoenix TV, was a journalist for the Communist Party of China-controlled Central People's Broadcasting Station after the Cultural Revolution and had become one of China's richest men by the 1990s, being well-connected to the Beijing leadership.[14]
Shuang Liu (刘爽) became COO of Phoenix TV on 17 February 2014. He continues to be the CEO of Phoenix New Media Ltd (NYSE: FENG), a new media company in China.[15]
The bald faced lies are amazing.