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China Issues Draft Rules Preventing Unfair Online Competition: Xinhua


China released draft rules preventing unfair competition in the internet sector to maintain fair competition and market order, the state-run Xinhua News Agency reported.

The rules will protect the legitimate rights and interests of operators and consumers and promote the healthy development of the digital economy, the State Administration for Market Regulation said on its website, the China Daily reported. The regulator began soliciting public opinion on the draft rules on Tuesday and is open to public feedback until September 15, the report said. Full Story: Xinhua. 

 

 

Kevin Hamlin

Kevin Hamlin is a financial journalist with extensive experience covering Asia. Before joining Asia Financial, Kevin worked for Bloomberg News, spending 12 years as Senior China Economy Reporter in Beijing. Prior to that, he was Asia Bureau Chief of Institutional Investor for ten years.