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More Posts on China
Renting your video game account to a young gamer seems like a lucrative and harmless business, but those who bypass the new restrictions imposed in China already have legal problems.
On September 2, the Chinese government issued its mandate that no one under the age of 18 can play more than three hours of video games per week.
The new crackdown means children can play games on Fridays, Saturdays, Sundays and national holidays, but only between 8 p.m. and 9 p.m.
Minors will only be able to access video games on the days and times established by the Chinese government, and only for a total of three hours a week.
China halts 42 companies from IPO, subjects them to investigation, further 'strict measures' announced
The China Securities Market Regulatory Commission (CSRC) launched an investigation into intermediary firms that were about to present IPOs of more than 40 companies for their IPO.
ByteDance, the company that owns TikTok, could debut on the Hong Kong stock exchange in 2022, despite growing scrutiny from the Chinese government on the country's 'big tech'.
In the year-to-date, the trade deficit increased by 46.4 percent to $135.8 billion compared to the same period in 2020.
In the following years there will be fewer Chinese entities for public sale, but the commercial relationship between China and the United States will not be stopped.
Market analysis firm Canalys asserted that the Chinese firm has 17% of smartphone shipments worldwide.
A partner of Elon Musk and founder of the world's largest electric vehicle battery manufacturer has surpassed Alibaba owner Jack Ma in wealth.