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August 21, 1997updated 03 Sep 2016 7:09pm

CHINA BANS FOREIGN INVESTMENT IN TV AND RADIO

By CBR Staff Writer

The State Council in China has banned all forms of foreign investment in radio and television stations, according to the Wall Street Journal. The prohibition is part of the Council’s new regulations relating to the management of radio and television stations that will take effect on September 1, and will also regulate the content of programs and advertisements on mainland stations. Under the rules stations must be set up by the television and radio stations at the county level or above, meaning no other stations or individuals are allowed to set up a station.

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