Originally posted by: dmcowen674
Oh yea? 11-19-2003 China moves to rid itself dependence on foreign technologies Seeking to compete on its own terms in the lucrative entertainment industry, China announced a government-funded project Tuesday to promote an alternative to DVDs and "attack the market share" of the global video format. EVD would give Chinese manufacturers and technology consortiums a homegrown platform to sell and build on. It also is aimed at relieving Chinese DVD producers from paying licensing fees to the companies that hold patents to the DVD format. A spokesman for the Motion Picture Association of America did not immediately return a message seeking comment. Research on EVD began in 1999. It was developed by a company called Beijing E-World Technology Co. Ltd. using video-compression technologies licensed by On2 Technologies, an American company. On the surface, it would seem that EVD's international impact could be huge, because China makes about 60 percent of the world's DVD players, said Vamsi Sistla, senior analyst with Allied Business Intelligence, an Oyster Bay, N.Y.-based research firm. EVD's emergence has not only economic but cultural roots. It is consistent with communist China's broader intentions ? carving out a unique place in the global economy, whose standards it complains have been defined by the West. As it moves further from its planned-economy roots and deeper into its market-oriented experiment, China has made a point of saying it wants to develop Chinese answers to modern problems. EVD fits that goal. The Communist Party newspaper People's Daily said last month that EVD will let domestic disc-player manufacturers "shake off their previous dependence on foreign technologies."Originally posted by: Gaard Everybody calm down. It's just sabre rattling.
You don't mean to say that China will go from using an media format developed by America, to a media format licensed from America?
The sky is falling!