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 […]
Copyright © 2024 DomainGang.com · All Rights Reserved.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 […]
Copyright © 2024 DomainGang.com · All Rights Reserved.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 […]
Copyright © 2024 DomainGang.com · All Rights Reserved.Chinese domain market report : Join the “Toilet Revolution” in China
China can be a shocking experience to many Westerners. When domain investor, George Verdugo, visited China for business, he was shocked to find his hotel toilet to be just an ample hole on the floor. While this type of oriental approach to bodily functions has its advantages, it’s not exactly the method of choice for […]
Copyright © 2024 DomainGang.com · All Rights Reserved.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 […]
Copyright © 2024 DomainGang.com · All Rights Reserved.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 […]
Copyright © 2024 DomainGang.com · All Rights Reserved.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 […]
Copyright © 2024 DomainGang.com · All Rights Reserved.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 […]
Copyright © 2024 DomainGang.com · All Rights Reserved.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 […]
Copyright © 2024 DomainGang.com · All Rights Reserved.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 […]
Copyright © 2024 DomainGang.com · All Rights Reserved.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 […]
Copyright © 2024 DomainGang.com · All Rights Reserved.
