China's market for financial data worth more than
$100-million


GEOFFREY YORK AND GRANT ROBERTSON
From Tuesday's Globe and Mail
March 3, 2008 at 9:20 PM EST


Companies like Bloomberg LP, Thomson Corp. and Reuters Group PLC
have for years been salivating over China, where demand for
financial information and stock market data is surging amid a
rising and increasingly wealthy middle class.
But the industry now finds itself squaring off against the
Chinese government in a potentially bitter dispute over the state's
influence over foreign companies.
The European Union and the United States filed a complaint with
the World Trade Organization (WTO) yesterday, concerned that China
is trying to freeze out foreign competitors in an effort to build a
state monopoly in the $100-million financial.....