"Veteran U.S. foreign correspondent Jim Laurie, hired to help in Washington, said on his website he was looking for experienced news professionals and that plans call for the U.S. operation to produce four hours of programming daily by June. Laurie declined to comment for this article.
At a time when budgets are tightening in news rooms, China’s government appears willing to pour billions of dollars into expanding its international media footprint. Hong Kong’s South China Morning Post newspaper has reported the total budget to be as high as 45 billion yuan ($7.1 billion), although no official announcement has been made."
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