Publishing News Asia

Will China become a publishing powerhouse? As an industry, the statistics show that China is becoming a major player:

“China boasts more than 400,000 publishing enterprises and an output volume of more than 500 billion yuan (60.2 billion US dollars). Last year Chinese publishers put out 190,000 kinds of books, 2,100 newspapers and 9,000 magazines.”

Also Chinese publishers are being encouraged to expand overseas.