The government is said to be creating new regulations to limit users’ daily spending on digital tipping, and is planning to set a daily cap on how much live streamers can receive from fans. Officials are also considering imposing tighter censorship over content. (The Wall Street Journal)
Skip to content
The government is said to be creating new regulations to limit users’ daily spending on digital tipping, and is planning to set a daily cap on how much live streamers can receive from fans. Officials are also considering imposing tighter censorship over content. (The Wall Street Journal)
Talking point: This is the latest in a series of regulatory crackdowns that China has introduced on its tech sector. The rules, if implemented, would affect live-streaming services like ByteDance’s Douyin and Kuaishou. The Hong-Kong listed shares of Kuaishou, a Chinese short-video platform, closed down more than six per cent Wednesday. The China Association of Performing Arts valued the country’s live-streaming industry at US$30 billion in 2020. Beijing has dished out million-dollar fines to celebrity streamers under President Xi Jinping’s common-prosperity campaign.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
News
1 in 3 professionals are using unauthorized AI on the job, global survey finds
Briefing
Fuel prices push inflation outside the BoC’s comfort zone
Nokia to spin out space communications business through Canadian SPAC deal
Ontario police aren’t reporting spyware use, senior privacy official warns
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
