Media that might worry about a rising Xinhua are Thomson Reuters (TRI - Get Report), News Corp's (NWSA - Get Report) Dow Jones News Service and the Financial Times. All three cover blow-by-blow economic policy news announced by Chinese officials as well as the movements of major listed Chinese companies.
They already compete viciously with one another for subscriber eyeballs in a media-sphere that's hitting the major companies as readers learn to get their news for free. They're all quoting from Xinhua anyway.
Read all about how the Chinese news agency shapes up before taking positions in its overseas rivals.
At the time of publication the author had no position in any of the stocks mentioned.Ralph Jennings is on LinkedIn. This article was written by an independent contributor, separate from TheStreet's regular news coverage.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts