Yesterday Danwei commented on a Xinhua report that Reuters wanted to "target Chinese consumers". Today Xinhua publishes a story headlined:

Reuters CEO Tom Glocer visits Xinhuanet.com

Hmm.

The article (which includes Glocer's resume and pictures of him shmoozing with various Xinhua types) can be found here.

UPDATE: More on Xinhua media deals at China Herald, here.