China closes down video sites

The Feedster

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The freedom of the internet and the nature of the Chinese governmenthave never been an easy fit. So the decision of the Asiancountry's government to shut down 25 internet video sites canhardly be viewed as surprising. New rules on pornographic,violent and political content, as well as last year's somewhatconfusing law that suggested only state-owned or state-controlledcompanies could apply for licenses to broadcast or stream videos, haveleft many investors sweating over their cash.

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