CNC World is a majority state-owned 24-hour global English-language news channel, launched on July 1, 2010.[1] It is 51% owned by the state-run China Xinhua News Network Corporation, and 49% by private investors, including Chinese home appliances maker Gree.[2]
The venture is part of Beijing's effort to "present an international vision with a Chinese perspective," Xinhua President Li Congjun said at the press conference announcing the launch of CNC World.[3][4][5][6]
Xinhua has leased a newsroom in