China to give state media a financial boost

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Updated January 16, 2009 23:08:29

Large western media organisations could do nothing but shake their heads this week. as reports came out of China that seven-billion US dollars was to flow into state media.

Presenter: Adam Connors
Speakers: Cam MacMurchy, media consultant to CCTV and other China media organisations; John Marcom, former vice-president of Yahoo! and former president of Time Inc International; Bruce Dover, head of ABC's Australia Network and former News Limited executive

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