You thought double format is bad enough, now China plan to develop its own version HD DVD to avoid paying heavy licence fee. As of now up to 80% of DVD players are manufactured in China, but makers have to cough up about 40 percent of the cost of each player to license holders, according to Chinese reports.

The Xinhua News Agency said the new standard will be based on but will not be compatible with HD DVD. If successful, the move could add a new wrinkle to the battle between the competing HD DVD and Blu-ray Disc formats over which will become the dominant new DVD standard. The good news for HD-DVD and Blu-ray might be that Chinese standard is not expected to reach markets until at least 2008.

How about triple format

http://www.chinadaily.com.cn/english...ent_483441.htm