29 Mar '16, 4pm

Did the Other Shoe Just Drop On The Chinese Domain Market?

According to a story which appeared in globaltimes.cn , “the Chinese government is stepping up efforts to strengthen management of the Internet with the recent drafting of an “unprecedented” regulation on Internet domain names.” According to a draft regulation on Internet domain names issued by China’s Ministry of Industry and Information Technology, Internet domain names with access to China should be provided by domestic Internet domain name registration services, which should in turn be managed by Chinese institutions. Service providers that are not under the management of Chinese institutions cannot offer domain names with access to China. The draft added that violators can be punished with a penalty of up to 30,000 yuan ($4,628). Their violations will also be announced in public notices and rectifications will be demanded. Authorities are soliciting public opinions on...

Full article: http://www.thedomains.com/2016/03/29/shoe-just-drop-chine...

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