TV tycoon Ni Runfeng gets switched off
The ousting of Sichuan Changhong chairman and CEO Ni Runfeng shows the fault lines between the government and its increasingly independent enterprises.
July 12, 2004
Some 15 million people now use the internet in China. The market is growing fast. But it's nothing compared with the country's TV viewing population, which is the largest in the world. There are 310 million TV sets in China that reach 24.6% of the population. Japan, by comparison, has 88 million TV sets which reach 69% of the population. China's market has ample room to grow.
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