In a show of strength, in anticipation of a huge political event, China is cracking down hard on the one thing it hasn't been able to control — livestreaming.
With 731 million internet users in China — of which 300 million have used livestreaming apps — its no surprise that the country's livestreaming industry is worth an estimated $9 billion.
China had earlier last month ordered three major online platforms — Weibo, iFeng and ACFUN — to stop all its streaming services, immediately. According to the government, the sites were "not in compliance" with state rules. Read more...
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