China plans to ban private investment in media: Report

As per the draft guidelines, privately owned firms would be prohibited from involvement in media companies, including setting up or running news operations or republishing news produced by foreign outlets.

Beijing: In an attempt to tighten the grip on all sectors of the media, Chinese authorities have introduced a proposal to ban private investment in news outlets.

As per the draft guidelines, privately owned firms would be prohibited from involvement in media companies, including setting up or running news operations or republishing news produced by foreign outlets, American broadcaster Voice of America (VOA) reported.

Experts in the field say the proposals show Beijing`s ongoing efforts to silence opposition voices.