China Central Television (CCTV), the national broadcaster, began airing US-produced programming from its studio in Washington this weekend, the Financial Times reported. CCTV America has hired more than 60 staff, and is modeling its expansion on the English-language strategy of the pan-Arab news channel Al Jazeera. The Saturday premiere of “The Heat,” a political talk […]
Category: Tech, Media & Telecom
The Chinese internet giant Alibaba Group (listed subsidiary Alibaba.com; 1688.HKG) plans to borrow US$3 billion to finance the repurchase of shares held by Yahoo! (YHOO.NASDAQ), The Wall Street Journal reported, citing people familiar with the situation. A consortium of six banks is offering a three-year term at around 4% and should be completed this month. […]
An official Chinese newspaper accused Tibet’s government in exile of colluding with Western governments to “distort” the recent unrest in Tibet, Reuters reported. Tibetan advocacy groups say seven people have been killed and more than 60 wounded by police forces during recent protests. However, official Chinese news sources reported that police acted only to defend […]
Source: The New York Times
Source: State Media