MySpace is heading to China! Rupert Murdoch’s wife, Wendy Deng, partial owner of MySpace and News Corp., recently met with exectives to develop a Chinese version of the social networking portal. Deng is visiting China in an attempt to develop a plan to penetrate the Chinese social networking market. Murdoch and company plan on giving half of the company to local partners in China in hopes of avoiding problems that Yahoo and Google have faced when entering the Chinese market. In addition, to avoid any obstacles, Murdoch will be adjusting the MySpace Chinese portal to better adapt to the country’s culture and users.