News Corp announced Wednesday it could launch a version of its popular MySpace Internet social network in China during this fiscal year if it found the right joint venture partner, Reuters reported. "We've had some conversations," Chief Operating Officer Peter Chernin said. "It's possible, if we can find some joint venture that makes sense," he said. News Corp, which bought MySpace, one of the fastest-growing Internet properties, for about US$580 million last year, has watched its stock soar 26% since it announced the deal. The China timeline follows an announcement Tuesday that News Corp had struck a joint venture deal with Softbank Corp to launch a version of MySpace in Japan.