State of the game
"a privately-owned publishing company that maintains a monopoly on academic journal searches in China. In recent years, it has been criticized for imposing exorbitant price increases"
As is the case almost everywhere else, the serious downside being that only institutional researchers can afford the subscriptions, so independents have a hard time contributing to science. That matters because many of the important major breakthroughs in science have been originated by independent researchers (or at least by institutional researchers going out on a limb - something that's increasingly difficult in an age of grant funded science).
It's good to see open journals emerging, but unfortunately a lot of them are not up to standard yet so what they publish can't always be trusted. And indeed some of them charge authors a fortune to publish papers, so it's often just another facet of the same problem.