Chinese domain market report : Ready for the October 18th Communist Party congress

China is about to elect its leadership council on October 18th; the world’s most populous nation and second largest economy will most likely re-elect the same party leader, Chinese President Xi Jinping. It’s sad that 1.3 billion Chinese won’t have much of a say, as 2300 delegates will directly elect the 200 members of China’s […]

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Two letter domain UB.com lands on China’s shores after 31 years

Two letter .com domain, UB.com, has changed hands and is now in the possession of a Chinese registrant. Previously owned by Ultimate Bet poker, this LL .com domain is one of the oldest in existence, with a registration date in 1986. It’s very rare to see such an old two letter .com domain, or old […]

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Chinese domain market report : China issues fines, delivers censorship

The Chinese government issued large fines against its own technology giants, for not complying with censorship guidelines. Baidu, Tencent and Sina Weibo were fined up to 500,000 yuan each ($75,000 dollars) for not doing their best to combat pornography, violence and other prohibited content. China recently pulled the plug on unlicensed VPN providers. In recent […]

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Chinese domain market : No more Bitcoin exchanges in China

China is getting ready to pull the plug on local Bitcoin exchanges, a step beyond ICO banning. The Chinese government is an unstoppable machine that regulates the Internet in China, hiding many Western service companies behind the Great Firewall. By ending the activity of local Bitcoin exchanges, China intends to strengthen its control and regulation […]

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Escrow.com puts the brakes on Chinese buyers’ credit cards

Escrow.com has temporarily disabled credit card payments from Chinese buyers, due to high decline rates. The top domain payments facilitator announced that domain name buyers from China will have to use bank wire transfers, until the measure is reversed. Here is what Escrow.com announced: “We have noticed unusually high decline rates on credit cards from […]

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Chinese domain market report : Amazon to end VPN access for AWS in China

The Chinese government is upping the game of VPN thrones, ordering Amazon to end its VPN services for China’s customers. Amazon Web Services (AWS) and its Chinese partner, are informing cloud customers in China that VPNs will no longer be allowed. Beijing Sinnet Technology, the local partner for AWS operations in China, sent out several […]

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Chinese domain market report : No more VPN access in China

The Chinese government wants its citizens to play nice, and refrain from using virtual private networks (VPN) to access forbidden content. VPNs allow the bypassing of China’s “Great Firewall” aimed at restricting access to overseas web sites. With that in mind, Apple was ordered to remove VPN apps from its store, and the 15th biggest […]

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China’s 14 billion yuan domain market is old news!

China‘s local domain market is worth 14 billion yuan, and that’s the latest released data from 2015. In other words, that’s old news. During the Global Domain Summit held last week in Xiamen, China, some of the data presented involved the numbers of Chinese domain extensions, including IDN domains. Mao Wei, head of the Chinese-language […]

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New six percent tax in China : Domains are now “intangible assets”

On July 1st, China introduced a 6% tax levy on domain names, and this is good news. Some might wonder, how would an act of “Communist Capitalism” such as this be “good news” for the Chinese domain investors? Very simple. According to this chart sheet in Chinese, domain name sales are categorized as “Sales of […]

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Black rice domains : Did 988.com just sell for $1,000,000 dollars?

A distraught domain buyer claiming that they lost $1,000,000 dollars to a seller that reversed the escrow-less transaction, now claims the exchange went through. User “Dong Yuan” asserted on NamePros that they acquired a domain for $1,000,000 dollars but it was subsequently locked down after a TDRP complaint was filed. Seeking advice for a million […]

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Two letter domains : HH.com sold to the Chinese

Another day, another premium two letter .com domain headed to China. HH.com moved away from Hecker Law and into the hands of one of China’s biggest investors of such domains, 62.com. Domain investor, George Kirikos, noticed the change and remarked about the latest stats involving LL .com domains: “By my count, Chinese registrants own 166 […]

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