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Tim Culpan

Don't Bet Against China's Censors

Some players are having their wings clipped after years of expansion.
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Investors in live-streaming services are reassessing their bets this week after Chinese regulators decided that enough is enough.

Weibo, AcFun and iFeng had the questionable honor of being named directly by the State Administration of Press, Publication, Radio, Film and Television as non-compliant with rules on video broadcasting. Those internet video providers were ordered to shut down, the agency said in a statement Thursday.