Factbox: From tech to education, China's season of regulatory crackdown
SHANGHAI (Reuters) - China has launched a multi-pronged crackdown on its tech companies, leaving startups and decades-old firms alike operating in a new, uncertain environment.
Here are sectors that are facing regulatory pressure:
GAMING COMPANIES
Chinese regulators have slashed the amount of time players under the age of 18 can spend on online games to an hour of gameplay on Fridays, weekends and holidays, in response to growing concern over gaming addiction, state media said on Monday.
SHARING ECONOMY
China's State Administration of Market Regulation (SAMR) said on Monday it would further regulate the sharing economy, a sector which includes companies facilitating ride-sharing, bike-sharing, home sharing and even the pooling of battery packs for phones.
...
Read More on Datafloq
Here are sectors that are facing regulatory pressure:
GAMING COMPANIES
Chinese regulators have slashed the amount of time players under the age of 18 can spend on online games to an hour of gameplay on Fridays, weekends and holidays, in response to growing concern over gaming addiction, state media said on Monday.
SHARING ECONOMY
China's State Administration of Market Regulation (SAMR) said on Monday it would further regulate the sharing economy, a sector which includes companies facilitating ride-sharing, bike-sharing, home sharing and even the pooling of battery packs for phones.
...
Read More on Datafloq
Comments
Post a Comment