A new directive issued by China’s Ministry of Industry and Information Technology has said that companies which have, at least in part, foreign ownership will be stopped from publishing words, pictures, maps, games, animation and sound of an “informational and thoughtful nature” – unless they have approval from the State Administration of Press, Publication, Radio, Film and Television.There are lots of ways to get around WTO regulations.
This means only companies wholly Chinese owned will be able to publish online, subject to strict self-censorship in line with the government’s views.
The new regulation states: “Sino-foreign joint ventures, Sino-foreign cooperative ventures and foreign business units shall not engage in online publishing services.”
Five & Dime
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FEEDI’m still keeping things light and mellow. I have just five short
positions, by way of September in-the-money put options. These positions
are as follows:
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