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Why Crowdfunding Won't Change China Anytime Soon

BY Jessica McKenzie | Tuesday, April 8 2014

Promotional image for My 17 Gay Friends, a short film crowdfunded in China

Three years after the launch of China's first crowdfunding website in July 2011, the idea is “gradually catching on,” as the Wall Street Journal reported in January. The World Bank estimates the market potential in China by 2025 to be US$46 - $50 billion dollars. Modern China scholar Julian Gewirtz argues in a Tea Leaf Nation post that the crowdfunding trend might even usher in political change in China. However, as crowdfunding is subject to the same constraints as other forms of online media, that is an extremely optimistic assertion.

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First POST: Launch Codes

BY Micah L. Sifry | Tuesday, March 4 2014

The latest on the Crimea crisis; Sen. Al Franken casts doubt on the Comcast-Time Warner merger; Vice, Brookings and GovLab all have new launches; and much, much more. Read More