It's been relatively quiet in China these last few days due to the Dragon Boat holiday, so I thought I'd start the new week with a look at Rupert Murdoch's ongoing divorce with Wendi Deng and what it might mean for his flagship New Corp (Nasdaq: NWSA) in China. Many believe that Deng, a China native, was one of the main forces behind Murdoch's previous bullishness on China, leading News Corp aggressively try to develop the market in the decade from 2000 to 2010. But the company has sharply reversed its China approach over the last 3 years, perhaps reflecting the deteriorating marriage between Murdoch and Deng.
Reported by Forbes.com 5 hours ago.
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