From VOA, via China Confidential blog:
Foreign investors and media companies are awaiting word on how China plans to enforce a set of restrictions it announced earlier this month on the foreign media. The restrictions are widely viewed as an attempt by the government to keep control of the country’s growing, lucrative media market. Analysts say the rules highlight the paradox of China’s attempts to open its markets while at the same time seeking to retain control of them.
…… A former senior writer at Xinhua, who asked that his name not be revealed, says Xinhua knows it cannot compete with foreign news agencies unless it starts behaving less like a propaganda mechanism for the Communist Party and more like a professional news organization.
“Xinhua would have to compete with international wire services like AP and Reuters. That means its reporters must write more professionally, more truthfully, more timely,” he says. [Full Text]