"In many ways, the Chinese media look to be in an enviable condition. According to Datamonitor, the industry grew by 7.4% in 2009 to reach a value of $50.5bn and is forecast to be worth $77.1bn by 2014. Papers and broadcasters are thriving, though increasing competition may well bring mergers and acquisitions; 2009's huge government stimulus shored up economic growth and the property market is smoking hot, generating masses of adverts." (Quoted from article)