China Proposes Bans on Private Capital Participation in Media
Private capital would be barred from news gathering and distribution operations, according to a public consultation paper posted on the website of National Development and Reform Commission, China’s top economic planner.
Proposal to bar private capital from news operations.
Reproducing foreign media content will also be off-limits.
China unveiled a proposal late Friday, reinforcing its plan to weaken private capital’s influence over a wide range of media activities.