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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (2747)3/10/2004 4:32:07 PM
From: RealMuLan  Read Replies (1) of 6370
 
China lifts ban on foreign investment in TV, film production





SHANGHAI: China has lifted its long-time ban on foreign investment in television and film production companies as the country moves to reform its monolithic and largely loss-making media industry.

The State Administration of Radio, Film and Television (SARFT) issued regulations that took effect in December permitting foreign media groups to hold stakes in joint venture production companies.

channelnewsasia.com
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