China’s main state broadcaster has unleashed a series of attacks against Baidu, the country’s largest online search company, in a move certain to fuel concerns among foreign investors about the risks of operating in the Chinese internet industry. In a barrage of investigative reports, microblog posts and commentary, CCTV criticizes Baidu as a “monopolist” which it alleges abuses its power and fails to manage content on its site in a responsible way.
The coverage coincided with CCTV’s soft launch of its own internet search engine and with its upcoming annual auction of advertising slots, leading some observers to assume that it might be trying to discredit a strong competitor.
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