China’s ‘Negative List’ Adds Entry Limits to News Service Sector And Why I think This Could be a move in the Right Direction!

Last week saw Chinese government announce that they will no longer allow for private investments in the News industry. You can read more about this on the Bloomberg site here. In a strange way, I kind of think this is a good idea but not for the reasons that the Chinese government took this decision. Let me explain with respect to TV NEWS channels. My explanation below for the TV NEWS Channels holds true for newspapers to magazines to radio channels. It’s just easier to explain this from one per...