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Published on: 1/31/2000
Last Visited: 7/28/2001
Blue-chip conglomerate CITIC Pacific has taken on board Mr. Zhang Yichen , the former Managing Director of international investment bank Merrill Lynch , as president of its telecommunication unit , CITIC Communications.The move was seen as the conglomerate's determination to be a major player in the telecommunication business.CITIC Pacific recently announced making a US$390-million investment in mainland China's telecom industry.
BEIJING TIGHTENS INTERNET CENSORSHIP( Hong Kong Standard 19.Feb.00 )According to a senior official with the States Council's Information Office , the Central Chinese Government will extend media censorship to all Internet content/service providers ( ICP/ISP ) engaging in cyber news.