After seven months of WTO discussions, Xinhua will relinquish its role as a regulator of foreign financial information suppliers. Foreign companies such as Reuters and Bloomberg will no longer have to compete against their regulator.
Read more »After seven months of WTO discussions, Xinhua will relinquish its role as a regulator of foreign financial information suppliers. Foreign companies such as Reuters and Bloomberg will no longer have to compete against their regulator.
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A Chinese reporter whose weekly publication was closed for three months after she wrote an article that criticized one of China's largest banks has sued the government, her lawyer said Tuesday.
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Four giant panda cubs were born within 14 hours at a breeding center in southwest China, a mini baby boom for the rare animals, a state news agency reported Sunday.
The births began Saturday at the Chengdu Panda Breeding Research Center when 9-year-old Qiyuan, or Magic Luck, gave birth to female twins at 5:24 p.m. and 6:16 p.m., Xinhua News Agency reported, citing center expert Yang Feifei.
Read more »From the article:
The Tea-Leaf readers will look at [the recent media rules], nod their heads sagely, and in hushed tones suggest that this is a part of Hu Jintao's ongoing effort to deepen his hold over the media as he continues his soft purge of Jiang Zemin supporters left in government. That might be true in part, but as with most things in China, that is at best only part of the real reason (and possibly only a political fig-leaf for the action.)
In reality, I suspect this is as much about money as politics.
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