Xinhua may be the future of news for one big reason: cost. "The former 'Red China News Agency' doesn't need to worry about the inconvenience of turning a profit," write Isaac Stone Fish and Tony Dokoupil. "As a result, it might do for news what China’s state-run factories have done for tawdry baubles and cheap clothes: take something that has become a commodity and foist it onto the world far more cheaply than anyone else can."