Here's a thoughtful circumspect piece from a UK blogger based in Shanghai, who is a correspondent for the the UK-based Telegraph, who correctly observed the smart move by Chinese news publishers to expand into the English-language news market.
The Chinese are coming.... the Chinese are coming...... and the China bashers in the Western news media..... watch out !
http://blogs.telegraph.co.uk/malcolmmoore/blog/2009/04/21/the_chinese_governments_smart_media_move
It makes sense after all the China-bashing being spade out in buckets from the Western press, including the grey lady of American newspapers, The New York Times, loaded with "China bashers" within its organization.
Incidentally, the New York Times is teetering and fast running out of cash.
http://www.webpronews.com/topnews/2009/04/22/new-york-times-hemorrhaging-money
What does it look like for the future of the New York Times ? Here's what a Businessweek report said in January, 2005... some four years ago; since then, the Grey Lady's financial situation has worsened; and the money woes exacerbated :
http://www.businessweek.com/magazine/content/05_03/b3916001_mz001.htm
