Xinhua, China’s state news agency, launched a global 24-hour English-language TV news network on Thursday. CNC World can be watched in Asia over satellite this week and is set to broadcast around the world from next month. The company also aims to get CNCÂ World on cable channels in Western countries including the US and the [...]
10 state-run news websites, including those run by People’s Daily, Xinhua and China Central Television, have been approved to seek listings on the A-share market. The decision allows the websites to raise capital and compete against China’s most popular internet portals – Sina, Sohu and Netease – which are all foreign-funded and trade on NASDAQ. [...]
A former Supreme Court judge has been jailed for life for taking bribes and other corruption charges. Huang Songyu was convicted of taking $570,000 in bribes while he was deputy head of the Supreme Court, as well as embezzling $170,000 while he was president of a lower-level court in Guangzhou. Huang, who has also been [...]
Beijing blamed exiled Uighurs for controlling and instigating unrest after a riot in Urumqi on Sunday left at least three people dead. Locals in the capital of the Xinjiang region confronted security forces as rioters burned and smashed vehicles. The riot is said to have started following protests over government handling of a confrontation between [...]
China has moved to restrict the local operations of foreign financial information providers by ruling that such organizations “must not undertake news gathering activities”. The surprising development emerged on Thursday as the government published new rules which give foreign financial information providers the right to set up businesses in China under the regulation of the [...]
Six people were arrested and 89 others “surrendered” to police after hundreds of Tibetan demonstrators attacked a police station in the town of Lajia, Qinghai province. All but two of the 95 were Buddhist monks. Witnesses at the scene of the incident reported Tibetans throwing stones at the police station and smashing the windows of [...]
China’s Ministry of Commerce has expressed “deep concern” over what it says are protectionist measures being adopted by a range of countries. “Some countries raised clauses to prioritize the purchase of products of their own countries in their economic stimulus packages,” ministry spokesman Yao Jian told reporters in Beijing on Monday. Though referring to unnamed [...]
China’s three major state media companies, China Central Television (CCTV), Xinhua and the People’s Daily could each receive about US$2.2 billion from the Ministry of Finance to fund their global expansions. Plans include Xinhua launching an Asia-based television network modeled on Qatar’s Al-Jazeera, and increasing the number of its foreign bureaus from 100 to about [...]
China on Thursday agreed to repeal regulations requiring foreign financial news services to disclose confidential information to a state-owned competitor, thus resolving a dispute brought against China at the World Trade Organization last year by the US, EU and Canada. Under the current laws, financial news services are not allowed to sell data or news [...]
Almost a third of Chinese who log onto the internet use their mobile phones to do so. An industry expert said about 84.5 million Chinese, or 30% of the country’s netizens, use their mobile phones to connect to the internet. Yang Zemin, director of the Telecom Research Institute under the Ministry of Industry and Information [...]
