Chinese domain market report : Selling ice to the Eskimo won’t work in China

There’s a reason why the old saying, “selling ice to the Eskimo” still holds plenty of cold water. Domain investors selling to each-other, especially when it’s a trade between buddies promoting auctions, can only get one that much money. The market gets saturated with the product and prices drop – simple as that. Gone are […]

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Chinese domain market report : FMA, West.CN and current LLLL .com sales

Our previous post about quoting article sources hit a positive nerve with West.CN, and they promised to link back to those articles from now on. “We promise we will post your website URL in the articles from now on, Hope you don’t mind and you can check it later.” That’s great attitude and response from […]

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Chinese domain market report : New law in China affects domain name operators

China‘s financial model of “Communist Capitalism” is an amalgam of an authoritarian, government-enforced ruleset, combined with an open, yet heavily regulated market. A new law taking effect in June will be affecting domain name operators, as follows: Provision on the Administration of Online Publishing Services – An online publishing services provider should: Obtain an online […]

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Chinese domain market report : Blog editors must be approved by the government

China is heading towards a bizarre state that encourages capitalism and restricts individuality; we call this, “Communist Capitalism.” The requirement for “foreign” domain registries to register with the Chinese government is one such example. A new mandate, effective June 1st, is that Chinese Internet news outlets and blogs, web sites, forums, search engines and even […]

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Chinese domain market report : Sales volume going “nukular”

China is flexing its muscles to North Korea, all while an armada of US ships prepares for joint naval drills with South Korea off the coast. The world is turning mad, and it’d take one madman at the helm to bring the world close to a global nuclear holocaust. Last time this happened, Russia was […]

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Chinese domain market report : It’s all about the letter Xi

China’s President, Xi Jinping, is currently on a formal visit to the US; President Donald Trump heralded the progress in discussions as “tremendous.” However, in 2016 Mr. Trump said China had “raped the US” in the financial markets, promising to brand China as a “currency manipulator.” Chinese domain investors should feel more confident, knowing that […]

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Chinese domain market report : China to be #1 soccer power by 2050

China sets long term goals; as one of the world’s most ancient civilizations, the Chinese are proud of their heritage, and look forward to the future. The Chinese love sports, and soccer is very popular. FC Bayern München, Germany’s top soccer club, opened an office in Shanghai to assist with China’s training system for junior […]

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Chinese domain market report : Pinterest blocked, so much for freedom

The Chinese government added Pinterest to its list of major blocked web sites from the West. Often referred to as the “Great Firewall of China,” the filtration includes Twitter, Facebook and Google; protecting the Chinese citizens from exposure to Western ideals and “corruption.” China’s society is at the lowest dissent point in more than a […]

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Rick Schwartz’s 977.com domain went straight to China

Details about the recent sale of 977.com by Rick Schwartz emerged today, and the destination country for this short, numeric domain is none other than China. The domain had been in transfer for a few days, and the WHOIS has just now updated. Chinese bidding powerhouse, Golden Name, is shown as the new registrant; in […]

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Chinese domain market report : is the Great Firewall of China going down soon?

Luo Fuhe, a Chinese official, said that the “Great Firewall” of China blocking western web sites, is too restrictive and hinders economic progress, discouraging foreign investments. It’s a rare demonstration of opposing the Chinese government policy, and one of two things might happen: Mr. Luo Fuhe might be reprimanded for disrespecting the party’s position, or […]

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Chinese domain market report : Stability or plateau?

The Chinese domain market witnessed a rebound from last year’s doldrums, during the first quarter of 2017. Ending 2016 on a whimper, instead of a bang as it did in 2015, the falling prices of Chinese “premium letters” of the “Chip” variety raised fears of a crashing market. Chinese domain investors playing the dangerous flipping […]

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Chinese domain market report : Chips, and how a billionaire in China lost his money

A Chinese man had to return 1.2 billion yuan to the bank that wired him the money. The incident involved a sum of almost $175 million dollars, that reached his account by mistake, making him an instant billionaire. According to China Daily, a new bank employee mistook the man’s 10-digit account number for a transfer […]

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