China’s government mulls special stake in wallstreetcn.com as it looks to control the flow of information on trade, economics

The Chinese government is trying to extend its oversight of sensitive subject matter to trade, economics and business – in addition to politics, religion and race – by muscling in on the ownership of private media organisations.The Cyberspace Administration of China (CAC), which regulates the country’s internet, smartphone applications and websites, is working on a plan to take a minority stake with super voting power in Shanghai Aniu Information Technology, the operator of the wallstreetcn.com…

source https://www.scmp.com/business/companies/article/3017938/chinas-government-mulls-special-stake-wallstreetcncom-it-looks

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