China releases a five-year regulation blueprint for broader crackdown
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China releases a five-year regulation blueprint for broader crackdown
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Re: China releases a five-year regulation blueprint for broader crackdown
#2they really are keen on annoying investors aren't they. i wonder for how long tencent and the other conglomerates will obey these orders
Re: China releases a five-year regulation blueprint for broader crackdown
#3Nice golden goose you have there. It sure would be a shame if anything happened to it.
Re: China releases a five-year regulation blueprint for broader crackdown
#4they really are keen on annoying investors aren't they. i wonder for how long tencent and the other conglomerates will obey these orders
You can’t just ignore regulation in the jurisdiction you’re doing business. Like it or not, they will have to follow regulation or cease operations.
Re: China releases a five-year regulation blueprint for broader crackdown
#5> “Strengthen the construction of the national ‘Internet + supervision’ system, and realize the integration and aggregation of data from supervision platforms by the end of 2022.”
I'll bet they're pleased with you-know-who's you-know-what.
Re: China releases a five-year regulation blueprint for broader crackdown
#6they really are keen on annoying investors aren't they. i wonder for how long tencent and the other conglomerates will obey these orders
i wonder for how long tencent and the other conglomerates will obey these orders
Strange question with what I would consider to be an obvious answer. They will obey for as long as they want the profits they get from China's market of video game players for instance. Which strikes me as pretty much "forever".
What company is gonna leave and give that kind of gift wrapped profit center to someone else voluntarily?
Re: China releases a five-year regulation blueprint for broader crackdown
#7they really are keen on annoying investors aren't they. i wonder for how long tencent and the other conglomerates will obey these orders
they are not trying to be annoying, they are incompatible with free markets, and free flows of info.
Re: China releases a five-year regulation blueprint for broader crackdown
#8> “Strengthen the construction of the national ‘Internet + supervision’ system, and realize the integration and aggregation of data from supervision platforms by the end of 2022.” I'll bet they're pleased with you-know-who's you-know-what.
Huh?
Re: China releases a five-year regulation blueprint for broader crackdown
#9they really are keen on annoying investors aren't they. i wonder for how long tencent and the other conglomerates will obey these orders
they are not trying to be annoying, they are incompatible with free markets, and free flows of info.
If you are still manufacturing in China, you are a fool. Get ready for your factory to be seized/shut down in the next couple of years, or be taxed/fines so much that you have no choice but to leave. Or get ransomed by the local factory that you are working with (like extreme delay of products or shoddy products delivery).