Chinese domain market report : Big Brother will be watching you

Chinese domain sales report.

Chinese domain sales report.

China‘s financial growth from a nation of rice farmers, to the world’s 2nd largest economy, took a lot of effort.

The Communist government controls many aspects of life, although things aren’t as bad as in the 70’s and 80’s.

Technology has propelled the Chinese economy ahead of many western nations, but the “Communist Capitalism” is a unique amalgam of politics and socioeconomics.

If you’re an app developer, such as Apple, the news isn’t great: China’s government just issued new regulations regarding data maintenance and retention for apps and mobile software.

The regulation, which will take effect on August 1st, was allegedly introduced to curb the dissemination of “illegal information” and violations of users’ rights through mobile apps.

In other words, Big Brother in China will be watching you. No wonder, Google and its app store don’t do business in China.

We prefer to watch Chinese domain market transactions instead, for domains that are between 2 to 4 characters in length and in the .CN, .COM and .NET TLDs.

The second quarter of 2016 has been significantly stronger than the first one, but weaker than last year’s timelines.

The Chinese domain economy is holding back, apparently, although the volume of domain sales has recently increased.

Here is today’s list of domains:

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