HONG KONG –is so keen to keep foreign investment flowing that it probably will let private Web sites work around strict new rules limiting video-sharing to state-controlled companies, analysts say.
China-based Web sites already need a government license that only companies majority-owned by Chinese nationals can get, and managers of private sites based in China say they already excise “inappropriate” content.
But the new regulations — issued Dec. 29 and scheduled to take effect Jan. 31 — also require that the state have a controlling interest in any video entertainment Web site.
“It’s a very clear message these Chinese film governing authorities have decided to send — that they’re taking this stuff seriously and they’re going to regulate it,” said Jeremy Goldkorn, editor-in-chief of Danwei.org, a Web site that covers Chinese media issues.
But Goldkorn saidwon’t shutter private video sharing Web sites because that might spook foreign investors to desert the world’s second-largest Internet community.