China‘s national ego is far too large to swallow a recent decision over its lack of rights in the South Sea.
The Permanent Court of Arbitration in The Hague last week, ruled that there was no legal basis for Beijing’s claims to much of the sea, dating from maps created in the 1940s, stretching close to other countries’ coasts, such as that of the Philippines.
So China is now closing down the South Sea to conduct military exercises. China has converted reefs in the waters into artificial islands capable of military use.
Meanwhile, the Chinese domain market beams out signals of distress.
Volume has slowed down, and prices of domain Chips have dropped further, in the $1400 dollar range. The summer doldrums are beating loud and clear their message: it’ll be a rough second half of the year.
We keep track of domains that changed hands in China, between 2 to 4 characters in length and in the .CN, .COM, and .NET TLDs.
Chinese domain sales report of the day follows:
dqff.com
fjdt.com
fwsw.com
fztm.com
hskk.com
hwhb.com
jzyd.com
kpww.com
njqg.com
ppgk.com
pzcg.com
sslk.com
wtqj.com
zzcy.com