PolyU Library
Journal Call no.HC411.A76
AuthorSingh, Ajay.
Article TitleChina tugs the foreign wires / Ajay Singh.
Is Part OfAsiaweek ; v.22, no.5, 2 Feb 1996, p.22, illus.
AbstractOnce a word is released, goes an old Chinese adage, the swiftest horse cannot overtake it. That may partly explain why Beijing announced last week plans to regulate financial news coming into the country. The idea alarms many China-based businesses, which live or die based on whether they get the fastest, most accurate financial data and expert analysis. The Western media shuddered at what they saw as a move by Beijing to chill the press. But will the policy shift really slow or inhibit the flow of news?