Xinhua News Grows in Western Countries, Gaining Acceptance?
Could Xinhua News, the information arm of the Chinese government, become the next worldwide source for news? Newsweek made some interesting points in favor of the organization, which has spread out from China, creating a 24-hour English speaking television station as well as buying office space in a Times Square building.
The biggest competitive advantage Xinhua has over other competitors? Cost. It doesn’t have to worry about money, so while most news organizations cutback Xinhua grows.
“But
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