Beijing (CNN) -- The "Party" is over for one of China's most popular bloggers. Han Han, whose blog has clocked more than 441 million hits in the past five years, announced in his latest post Tuesday that he has shut down his literary magazine "Party" after publishing just one issue. The 28-year-old best-selling author of novels and professional race car driver is one of the most recognized faces among Chinese youth. His provocative online commentaries on current affairs have also earned him the accolade as one of Time magazine's 100 most influential people of 2009. Han said the first issue of "Party," launched in July and sold 1.5 million copies. The second issue was due out at end of August.
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The magzine folds after one issue
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Han was listed in Time magazine's list of most influential people
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Several things may have gone wrong, analysts say
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Goldkorn: "There was nothing explicitly anti-government"
"In China, the publication, printing and distribution of reading materials require three different sets of licenses and permits," explained @placeholder, founder of the popular China media website Danwei.org.