From Wall Street Journal:
News Corp. Chief Executive Rupert Murdoch urged China’s government to allow its media companies to take advantage of the opportunities in new media by addressing copyright piracy and a lack of competition in the domestic market that he said could impede their expansion.
“The digital renaissance offers China an opportunity to exercise leadership,” Mr. Murdoch told the World Media Summit in Beijing, hosted by the state-run Xinhua news agency. Alluding to China’s “open door” policy that ushered in economic reforms in the late 1970s, Mr. Murdoch said that the government now has a chance to open China’s “digital door.”
Addressing the same forum, Chinese President Hu Jintao pledged to “continue to make government affairs public, enhance information distribution, safeguard the legitimate rights and interests of foreign news organizations and reporters, and facilitate foreign media coverage of China in accordance with China’s laws and regulations.”
