"The administration of President Hu Jintao is spending around 45 billion yuan (US$6.58 billion) to boost what party insiders call "overseas propaganda" (waixuan gongzuo). Prominent state media ... will vastly enhance programs and news feeds in different languages for Western and Asian audiences, and an English news channel modeled on al-Jazeera is set to let the world get the Chinese take on issues and events ranging from politics and finance to culture and religion." (Quoted from article)