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January 2008

Chinese publishers are set for the capital markets as yet another sector prepares for restructuring

Widely seen as one of the last bastions of state control, China’s print media was given its first taste of reform and restructuring in November as Liaoning Publishing won approval to sell shares in its editorial and operational assets. Industry watchers believe this could lead to consolidation in the country’s fragmented media industry.

In the past, publishing companies listed shares of their operational arms, such as printing and advertising, but kept their editorial arms ...

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