From SK-II’s problem in China and Japan’s international trade fight to rumors about Carrefour supporting free-Tibet activists, global companies are running into political problems inside China. From the Financial...
Read MoreWord around Beijing’s CBD is that The Wall Street Journal and its publisher Dow Jones are in talks with Hexun.com about a deal to take a ten to twenty percent stake in China’s best-reputed financial news and information portal. As of last week a deal did not appear far off, two sources with ties to […]
Read MoreThe Los Angeles Times looks at Rupert Murdoch’s treatment of MySpace in China as a harbinger of what’s to come if Murdoch’s bid for the Wall Street Journal succeeds. The article implies that Murdoch’s...
Read MoreRupert Murdoch denies to the Financial Times accusations that he would interfere in the Wall Street Journal’s China coverage if his bid for the paper is successful: Rupert Murdoch, News Corp’s chief executive, yesterday defended himself against accusations that he had allowed political pressure from the Chinese government to influence his business decisions. Speaking to […]
Read MoreFrom The New York Times: Page Six, The New York Post’s free-swinging showcase for gossip about canoodling celebrities and cheating spouses, ran a tell-all item yesterday about a subject it does not usually cover in eye-popping detail: itself. And it had some pretty juicy details: the editor of the paper patronized a strip club, and […]
Read MoreRupert Murdoch has at long last found a way back into the China market, with MySpace: Rupert Murdoch’s News Corp. has signed a deal to bring its popular online social networking site, MySpace.com, to China. News Corp. and two venture capital firms agreed earlier this month to hire a former Microsoft executive to license the […]
Read MoreReuters reports on News Corp.’s latest ambition in China: Rupert Murdoch’s News Corp., which is looking for a local partner as it aims to launch its popular MySpace Internet social network in China, is in early talks with prominent local blog companies Bokee.com and BlogCN.com, industry sources said on Sunday. On a visit to Beijing […]
Read MoreFrom Financial Times: Rupert Murdoch said on Tuesday that his wife, Wendy Deng, was working with senior News Corp executives to help bring the company’s popular MySpace social networking site to China. “We have to make MySpace a very Chinese site,” Mr Murdoch said at a media conference organised by Goldman Sachs. “I have sent […]
Read MoreFrom MarketWatch: China Mobile Ltd. said Monday its parent, China Mobile Communications Corp., paid HK$1.28 billion to Rupert Murdoch‘s STAR Group Ltd. for a 19.9% stake in Hong Kong-listed Phoenix Satellite Television Holdings Ltd. (8002.HK). China Mobile, Phoenix,and STAR Group announced the deal late Thursday, but didn’t say then how much China Mobile paid for […]
Read MoreFrom Prospect Magazine (link): “I have good news,” said Mr Yuan of China Intercontinental Press. He removed his glasses and looked hard at a spot below my right shoulder. “My leaders have agreed, in principle, to create a joint venture with you.” It was early 2004 and we sat in a bare villa-style apartment, an […]
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