China plans new restrictions for its live-streaming sector – WSJ

A camera is seen at a live streaming talent agency Three Minute TV, in Beijing

(Reuters) – China is planning new curbs on the country’s $30 billion live-streaming industry, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

Chinese authorities are drafting new regulations to cap internet users’ daily monetary spending on digital tipping, according to the report.

(Reporting by Baranjot Kaur in Bengaluru; Editing by Anil D’Silva)

Related posts

Meet Cracker Barrel’s Chief Marketing Officer Who Made the Decision to Rebrand the Company, Causing $100 Million in Losses

Majority of New Jersey Residents are Struggling Financially According to Poll

New Jersey Files Charges Against GOP Chairman Over $382 Tax Fraud