China fined a top social media influencer $16 million for tax evasion. It’s the regime’s latest punishment of the country’s top online personalties and part of its nationwide crackdown on the livestreaming industry. On June 16, Fuzhou Municipal Taxation Bureau of Jiangxi Province announced online that it ordered Xu Guohao to pay 108 million yuan…
Chinese Influencer Fined $16 Million for Tax Evasion, as the Regime Tightens Control of Livestreaming Industry
June 18, 2022
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China Shines Regulatory Spotlight on Livestream Retail Boom, Crackdown Claims Biggest Star
BEIJING/SHANGHAI—China’s “common prosperity” crackdown has turned a harsh spotlight on the country’s massive livestream e-commerce business—underlining the fragility of a surging sales channel that some of the world’s biggest brands have come to rely on. More than 100 million followers of Viya, dubbed the country’s “queen of livestreaming” by the Chinese media and public, awoke…
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