China will do just fine. Hollywood on the other hand is toast since most theaters are closed and won't be coming back. Karma works in this case.
One invisible string is these 'reporters' are also minders... they'll sit in newsrooms watching... seeing who might suggest a story that's not "PC" enough... to start with...
The press is going broke - that's the justification.
The same will be happening in Hollywood soon. Totalitarians who want to rule the world might 'help' the film industry too... maybe weeding out people who show China in a negative light... or gays, or international criminals...
If Hollywood's going broke some of these same totalitarians will be more than happy to 'help'...