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Chinese domain market sales : Be good to your parents, or screw up your credit

ZFBot
Yu no so funny!

Be nice to your parents in China or they might sue.

Investors in China have one more thing to worry about, after months of instability at the Chinese stock market.

China’s getting ready to enforce a direct link of being good to one’s parents, to a person’s credit status.

Children in Shanghai who fail to visit their parents regularly will find their credit standing adversely affected, according to a new rule set to take effect on May 1.

“If a child refuses to visit an elderly parent, the parent can file a lawsuit. If the child still refuses to follow through with their obligations after the court makes a ruling, it will be recorded into a credit platform, which could adversely affect their future work and general life.”

The Chinese government seems to be overly extending its rights; what if the parents are real assholes? 😀

Strange law, indeed.

Domain market sales in China have fallen sharply, with the latest list of short domains between 2 to 4 characters in .CN and .COM TLDs being rather Napoleonic in stature.

Here are today’s domains:

881.com
2531.com
6573.com
9671.com
bwl.com
hdt.cn
ntjb.com
pznk.com
qdj.com
qhsd.com
wzkm.com
wzls.com
ygt.cn

Hopefully next week we’ll see some more volume, and that’d require recent players such as O’Brien to liquidate more of their domain assets.

 

 


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