Tuesday, October 6, 2009

China is News

China has recently improved their media system. An organization by the name of Shanghai Media Group is developing well because they are working towards being global contenders against Bloomber, Time Warner, Viacom, etc.

The communist government has allowed it's media companies to have private funding in order for it to grow and develop and not "be a leech" to the government. The company is predicting that it will do well enough that in the future there could be 10 subsidiaries for it to support.

I think this is a really good thing for China to have. Even if the news itself is still controlled by the government, at least the chinese people will have good quality entertainment on television. It will also supply more jobs and allow more income to flow through the country (even if we owe them money). At least they're not on a isolated country and poverty stricken. Remember, money makes the world go around, eventually it'll come back to us.

4 comments:

  1. It's a good start. China is a communist nation, but they are getting better. They've a lot of issues that they must work out such as letting their own people be aware of "Tank Man". Still, this is a good sign that they are turning a new leaf even if it's painfully slow in my eyes.

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  2. I think that like Kat said, it's a good start. I'm glad that the people of China will be able to be entertained on some level. I'm sort of shocked that the government of China is even allowing this. China controls all of their citizens rights in some what of a cruel way so it's nice to see that they are allowing something fun, new, and exciting for them to have.

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  3. Though this might be a step in the right direction, I wonder how much of a difference it will make, since it is still controlled by the government. Will China really allow more creative choices and give the people quality programs or will the government determine what is being broadcast?

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  4. I agree with everyone. I think that this is a great step for China. It will provide their citizens entertainment and allow new jobs to arise. Great blog

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