This is a terrible book for learning to read Chinese newspapers. All the newspaper articles are out of date, some of the terminology is outdated (according to my professor), there isn't enough space between the lines to write notes (this drives me NUTS), and the grammar explanations are almost completely incomprehensible. I did a lot better when I had a teacher explaining Chinese grammar to me in CHINESE than when I use this book to study Chinese grammar in ENGLISH. The book also switches between traditional and simplified, but only offers an alternative simplified version of the article when the article is in traditional (but none of the vocabulary is available in simplified!).
Not recommended. Ever. The companion workbook is even worse. If you use this book, you'd better have an amazing teacher.