China has also recently tightened regulations for its own companies. Real estate companies, in particular, are cracking down on e-commerce companies.
While this may have been brought about as a way of regulating Chinese companies, many Chinese companies have thus been badly affected.
It is also taking drastic measures against Chinese companies and in various corporate policies. Due to this Chinese companies are facing various problems.
Bankruptcy
China in particular introduced new rules last year on lending to companies in relation to real estate. As a result, Evergrande, China’s largest company in the real estate sector, was forced into bankruptcy.
Prohibited in the US market
In the midst of such various problems, in the midst of the US-China problems, various companies are being banned from the US stock market. Thus not only Chinese companies but also various investors faced losses.
Strict regulations
Meanwhile, China’s Security Monitoring Group has proposed stricter rules for monitoring companies listed on foreign stock exchanges. The China Securities Regulatory Commission (CSRC) has said it will upgrade Chinese companies.
Reins for private companies
Although it has not been announced how strict these rules will be, these rules do not completely prevent companies from listing. However, at the beginning of the current year, the Jinping government took drastic measures. This may have put a damper on private companies.
Will investments decline?
It is expected to restrict foreign investment in key industries such as the media and telecommunications sector. Is this another hurdle for Chinese companies as a whole? Will this reduce foreign investment? So what rules is China going to come up with? Let’s wait and see.
Ban on Bitcoin .. 50 countries that helped China ..!
The extent to which the nations of the world support the crypto investment market, which is growing rapidly globally, is showing resistance.
While many tech experts and entrepreneurs claim that cryptocurrency is the future of the payment world, it is also a major threat to the world economy and trade.
Countries that could not stand in these two places have gone down to regulate the crypto investment market.
Cryptocurrency
It is generally believed that China is the only country in the world that has banned the production and trading of cryptocurrencies, but how many of you know that about 51 countries in the world, including China, have banned cryptocurrency?
51 countries ban cryptocurrency
The Global Legal Research Directorate has announced that as of December 25, 2024, about 51 countries in the world have fully or partially banned trade in cryptocurrency. The number of countries that have banned the cryptocurrency for the first time has now risen significantly.
Banned
So far 9 countries in the world have completely banned cryptocurrency and 42 countries have imposed an implicit ban on banks and financial institutions from providing any assistance or services based on cryptocurrency. As a result, a total of 51 countries worldwide have openly declared their opposition to cryptocurrency.
2 times growth
In 2018 it was only 23 countries and now it has increased to 51 countries.
