China counterattacks! It turned out to be the infamous him

Release time:May 21, 2024 14:52 PM

On May 21, the official website of the Ministry of Foreign Affairs released the "Decision on Taking Countermeasures against Former U.S. Congressman Gallagher":‍‍‍

In recent years, former U.S. Congressman Mike Gallagher of Wisconsin has frequently used words and deeds that interfere in China's internal affairs, undermine China's sovereignty and territorial integrity, and infringe on China's interests. In accordance with Articles 3, 4, 6, 9, and 15 of the Anti-Foreign Sanctions Law of the People's Republic of China, China has decided to take the following countermeasures against Gallagher:


1. Freeze movable, immovable and other types of property within the territory of my country;




2. It is prohibited for organizations and individuals within my country to conduct relevant transactions, cooperation and other activities with themselves;




3. No visa will be issued to him or her will not be allowed to enter the country.



This decision will come into effect on May 21, 2024.

Mike Gallagher, former chairman of the U.S. House of Representatives’ “China Select Committee” and former U.S. Representative from Wisconsin

Mike Gallagher was born in March 1984. He is an American Republican politician who served as a member of the U.S. House of Representatives from January 2017 to April 2024.

In February this year, Mike Gallagher and other U.S. congressmen visited Taiwan and claimed that "no matter who is elected as the next U.S. president, the United States will continue to support Taiwan."

In addition, Mike Gallagher was the first chairman of the U.S. House of Representatives’ Special Committee on U.S.-China Strategic Competition. This person is regarded as a "rising star" who takes a tough stance against China and has promoted many bills to contain China, including the "TikTok Bill."

comment
swaying in the wind
You're just kidding
May 23, 2024 12:41 PM
2
The future of the world lies in China
You went to eat
May 23, 2024 12:23 PM
0
Returned to Geli Chinese women’s shoe store
oooooookkko
May 23, 2024 10:12 AM
0
Let’s work hard today too🌈
bba
May 23, 2024 08:37 AM
1
white dew turns into frost
For example, don’t just open your mouth.
May 23, 2024 07:34 AM
0
Ps
Then anti-dumping restrictions [cover face][cover face][cover face]
May 23, 2024 07:03 AM
2
Fearless in all weathers
If it's good for them, they'll be free. If it's bad for them, they'll definitely be beaten.
May 23, 2024 05:46 AM
1
Ordinary people
Just say that country does not subsidize
May 23, 2024 05:28 AM
2
THEBLACKMAMBA🍉
Hahahahahaha
May 23, 2024 01:48 AM
0
🌈🌈Listen to ᵏᵃʳʳʸ by the beach
Beef, aircraft, fuel vehicles, and some parts and components, etc. Take a look at their export classification
May 23, 2024 01:39 AM
0
Don't say anything, pretend to be an expert
France would be sad without Chinese luxury goods sales
May 23, 2024 01:25 AM
2
Tomorrow is Saturday!
Low is low, don't be stubborn
May 23, 2024 00:14 AM
0
Nonsense brother
Got it, compared to Taobao, Pinduoduo is a sweatshop [prayer]
May 22, 2024 22:52 PM
2
It’s not a big deal to watch the excitement
Which country are you from? [cover face][cover face]
May 22, 2024 22:33 PM
1
🌈🌈Listen to ᵏᵃʳʳʸ by the beach
Where is the plane?
May 22, 2024 20:51 PM
0
LANDERKU
The key is that the exported ones are spray-painted with chassis armor, while the domestic ones are smooth and smooth. You can still see this, but you can't think of the invisible ones.
May 22, 2024 20:45 PM
2
Not an honest person
Tell me something, don't just open your mouth. Which car has a lower price abroad than at home?
May 22, 2024 20:22 PM
1
Ye Zhou
With subsidies and technological advantages, many car factories are now smart factories, not just cheap labor. [look]
May 22, 2024 19:30 PM
0
Vast sea and sky 22749
Don’t you mean free market? [cover face]
May 22, 2024 19:30 PM
0
Lin Feng
Don't talk nonsense. The price of electric vehicles abroad is much higher than the domestic price.
May 22, 2024 19:30 PM
0
Long Ruixiang
Master core pressing technology
May 22, 2024 19:26 PM
5
Lu Kee Butcher Shop
[666][666][666]
May 22, 2024 18:19 PM
0
User 1158764646422
[cover face][cover face][cover face]
May 22, 2024 17:58 PM
0
Small dog
Huou, why should we fight back?
May 22, 2024 17:45 PM
2
Empty
㇏,. ,!
May 22, 2024 17:42 PM
0
WiseWizard
Just do this kind of content and never get used to it [watch]
May 22, 2024 17:21 PM
2
LANDERKU
The labor is suitable and the cost is low. Are you not afraid of price war? In the past, the monthly salary was 200 yuan, Poussin 200,000 yuan, but now the monthly salary is 5,000 yuan, how to explain Poussin 50,000 yuan?
May 22, 2024 17:11 PM
0
User 15299653
[Thank you] [Thank you] [Thank you]
May 22, 2024 17:06 PM
0
A boy who eats rubbish
You said the opposite
May 22, 2024 16:51 PM
0
Chunfeng
[Like][Like][Like]
May 22, 2024 16:22 PM
0
Chaoshan Raw Pickled Noodles Star Cat Instant Noodles
But it should be okay to get it over there. People in China are so easy to manage.
May 22, 2024 16:21 PM
0
Tomatoes are not spicy
France is a good friend, how could it be [see]
May 22, 2024 16:17 PM
0
DYL
Low-level workers
May 22, 2024 16:03 PM
8
Casablanca1Q84
Too little, still not very valuable
May 22, 2024 15:56 PM
0
heartbreak boy
This is how China subsidizes car exports
May 22, 2024 15:49 PM
0
NVR rises
[Absolutely][Absolutely][Absolutely]
May 22, 2024 15:41 PM
0
There are many stories in this small town,
If there is no investigation, you have no right to speak. You are going against it, brother.
May 22, 2024 15:34 PM
0
hhh
When will Chinese products end being cheaper abroad and more expensive domestically?
May 22, 2024 15:23 PM
3
white dew turns into frost
For example, don’t just open your mouth.
May 23, 2024 07:34 AM
0
Traveling alone thousands of miles
How to deal with exported tram batteries?
May 22, 2024 15:16 PM
0
The future of the world lies in China
You went to eat
May 23, 2024 12:23 PM
0
Peppa Pig also wants to be heard
[sobbing]
May 22, 2024 14:56 PM
0
Self-cultivation
Are you talking about your perception? [face covering]
May 22, 2024 14:54 PM
0
Brother Dou
pretty
May 22, 2024 14:53 PM
0
Grandpa Qidi
[666][666][666]
May 22, 2024 14:18 PM
0
Returned to Geli Chinese women’s shoe store
There are so many [send heart] [send heart] good-looking [send heart] just [send heart] [send heart] [send heart] [send heart] [send heart] I iiiiii
May 22, 2024 14:10 PM
0
Small dog
mutual Europe
May 22, 2024 14:07 PM
0
User 2373356934734
[Thumbs up]
May 22, 2024 13:41 PM
0
Guangzhou users
Why is the price so low and where does it come from [see]
May 22, 2024 13:30 PM
9
User 9928715794666
Understand people
May 22, 2024 13:15 PM
2
Meat skewers Xiao Feiyang
Just one word for a person like you
May 22, 2024 13:08 PM
0
Race against time
Call the class representative to come out and explain. What does this mean?
May 22, 2024 13:05 PM
3
Don't say anything, pretend to be an expert
China’s car import tax used to be 15%. Is it high?
May 22, 2024 12:21 PM
0
Foshan ArmCHANNEL
Are there any electric cars in Europe? [Tears ran]
May 22, 2024 12:18 PM
2
Shaanxi girl
[Thumbs up]
May 22, 2024 11:57 AM
0
Casablanca1Q84
Pitiful
May 22, 2024 11:32 AM
0
Wait, I'm coming
[666][666][666]
May 22, 2024 11:27 AM
0
(°Д°) Hello
Their wages are low! But they are so tireless [face covering]
May 22, 2024 11:13 AM
1
User 370073823
[Like][Like][Like][Like]
May 22, 2024 11:01 AM
0
Zhangping
[cover face][cover face][cover face]
May 22, 2024 11:01 AM
0
Green Valley New Energy Lithium Battery
Central [Like][Like][Like][Like]
May 22, 2024 10:32 AM
0
Cherish
[Like][Like][Like][Like][Like][Like]
May 22, 2024 10:20 AM
0
—●○◎-Is oden delicious?
Where have you seen it being sold very cheaply abroad?
May 22, 2024 10:07 AM
17
God rewards Jin
If we don’t sell things to others, how can we have food, clothing, housing and transportation [face covering]
May 22, 2024 09:55 AM
2
User 4383341931431
Is there no charge for transportation costs if there is customs duty for transportation?
May 22, 2024 09:33 AM
2
specious
Too many sweatshops
May 22, 2024 09:16 AM
0
cool heart
[Like] [Like] [Like] [Compare your heart] [Compare your heart] [Compare your heart]
May 22, 2024 09:09 AM
0
Junior Brother Sha
[Like Like]
May 22, 2024 09:00 AM
0
knight
[666][666][666]
May 22, 2024 08:34 AM
0
Renminqiao Liufeng Roast Duck
Is the 1.5 displacement only 1.5% higher?
May 22, 2024 08:13 AM
0
Left-handed (Xu)
[Like][Like][Like]
May 22, 2024 08:10 AM
0
kind dealer
Luxury goodsmadeinChina
May 22, 2024 08:08 AM
0
Scientific research migrant workers
There is no low cost, only sweatshops
May 22, 2024 07:45 AM
5
Face it bravely
That’s a human problem. I never think it’s expensive to buy a pack of cigarettes because buying a pack of cigarettes doesn’t change my wealth [face covering]
May 22, 2024 07:17 AM
0
The sunshine after the storm.
[Like][Like][Like][Like][Like][Like]
May 22, 2024 07:16 AM
0
,,,,,,,,,,,,,,,,,,,,,
[666][666][666]
May 22, 2024 06:44 AM
0
Porter 13011
It is cheap. Many domestic textile industries have moved to Southeast Asia. Labor costs still account for a relatively high proportion in traditional industries.
May 22, 2024 06:42 AM
0
repeat life
[666][666][666]
May 22, 2024 06:29 AM
0
User 7678725008876
[Like][Like][Like]
May 22, 2024 06:23 AM
0
Xiong Dada
Um, I'm afraid you're saying the opposite.
May 22, 2024 06:21 AM
0
Jiuyang Antlers🦌
If it is a luxury car such as BBA or Lexus that is imported as a complete vehicle, wouldn’t our tariffs be ridiculously high? Same reason.
May 22, 2024 06:12 AM
6
Don't say anything, pretend to be an expert
China’s car import tax used to be 15%. Is it high?
May 22, 2024 12:21 PM
0
Renminqiao Liufeng Roast Duck
Is the 1.5 displacement only 1.5% higher?
May 22, 2024 08:13 AM
0
no name
Only China has a complete industrial system. Cheap means cheap labor. Do you think their key factories in Southeast Asia are cheap?
May 22, 2024 05:59 AM
4
The journey ahead
Subsidies are inherently anti-market behavior
May 22, 2024 05:28 AM
5
swaying in the wind
You're just kidding
May 23, 2024 12:41 PM
2
Ordinary people
Just say that country does not subsidize
May 23, 2024 05:28 AM
2
User 2913523859201
Have you heard about export tax rebate?
May 22, 2024 05:20 AM
0
Call me Dandan❤️
Does this mean that Chinese cars sell well abroad?
May 22, 2024 05:18 AM
6
CLU
Is BYD okay?
May 22, 2024 05:01 AM
1
Cherry♓️
Only my subsidy is legal [face covering]
May 22, 2024 04:55 AM
0
Guo of Guoba
Just look at how much local people sell local people for.
May 22, 2024 04:51 AM
0
User 66677889
~~~~? ~
May 22, 2024 04:45 AM
0
Edamame fat daddy
Isn’t labor in Central and South Asia and Africa cheap?
May 22, 2024 04:31 AM
0
The pig flew back
In the EU, the most popular items sold to Chinese people are luxury goods, right?
May 22, 2024 04:07 AM
40
Let’s work hard today too🌈Casablanca1Q84
bba
May 23, 2024 08:37 AM
1
🌈🌈Listen to ᵏᵃʳʳʸ by the beach
Beef, aircraft, fuel vehicles, and some parts and components, etc. Take a look at their export classification
May 23, 2024 01:39 AM
0
🌈🌈Listen to ᵏᵃʳʳʸ by the beachCasablanca1Q84
Where is the plane?
May 22, 2024 20:51 PM
0
Casablanca1Q84
Too little, still not very valuable
May 22, 2024 15:56 PM
0
kind dealer
Luxury goodsmadeinChina
May 22, 2024 08:08 AM
0
What a big dragon
Did you say the opposite?
May 22, 2024 03:44 AM
7
Staircase Yang Jun
Electric cars are very cheap to sell abroad. It's different in the country.
May 22, 2024 03:10 AM
39
It’s not a big deal to watch the excitement
Which country are you from? [cover face][cover face]
May 22, 2024 22:33 PM
1
LANDERKU
The key is that the exported ones are spray-painted with chassis armor, while the domestic ones are smooth and smooth. You can still see this, but you can't think of the invisible ones.
May 22, 2024 20:45 PM
2
Not an honest person
Tell me something, don't just open your mouth. Which car has a lower price abroad than at home?
May 22, 2024 20:22 PM
1
Lin Feng
Don't talk nonsense. The price of electric vehicles abroad is much higher than the domestic price.
May 22, 2024 19:30 PM
0
A boy who eats rubbish
You said the opposite
May 22, 2024 16:51 PM
0
There are many stories in this small town,
If there is no investigation, you have no right to speak. You are going against it, brother.
May 22, 2024 15:34 PM
0
Self-cultivation
Are you talking about your perception? [face covering]
May 22, 2024 14:54 PM
0
Meat skewers Xiao Feiyang
Just one word for a person like you
May 22, 2024 13:08 PM
0
Shaanxi girl—●○◎-Is oden delicious?
[Thumbs up]
May 22, 2024 11:57 AM
0
—●○◎-Is oden delicious?
Where have you seen it being sold very cheaply abroad?
May 22, 2024 10:07 AM
17
User 4383341931431
Is there no charge for transportation costs if there is customs duty for transportation?
May 22, 2024 09:33 AM
2
Face it bravely
That’s a human problem. I never think it’s expensive to buy a pack of cigarettes because buying a pack of cigarettes doesn’t change my wealth [face covering]
May 22, 2024 07:17 AM
0
Xiong Dada
Um, I'm afraid you're saying the opposite.
May 22, 2024 06:21 AM
0
User 2913523859201What a big dragon
Have you heard about export tax rebate?
May 22, 2024 05:20 AM
0
Guo of GuobaWhat a big dragon
Just look at how much local people sell local people for.
May 22, 2024 04:51 AM
0
What a big dragon
Did you say the opposite?
May 22, 2024 03:44 AM
7
This world, I pass by
Do you know that Chinese products are not afraid of foreign exclusion? Because of the same thing, when foreign countries are losing money, China is still making money, just because China’s labor is cheap and the cost is low, and it is not afraid of you starting a price war.
May 22, 2024 02:17 AM
53
Ye Zhou
With subsidies and technological advantages, many car factories are now smart factories, not just cheap labor. [look]
May 22, 2024 19:30 PM
0
LANDERKU
The labor is suitable and the cost is low. Are you not afraid of price war? In the past, the monthly salary was 200 yuan, Poussin 200,000 yuan, but now the monthly salary is 5,000 yuan, how to explain Poussin 50,000 yuan?
May 22, 2024 17:11 PM
0
Chaoshan Raw Pickled Noodles Star Cat Instant NoodlesPorter 13011
But it should be okay to get it over there. People in China are so easy to manage.
May 22, 2024 16:21 PM
0
DYLGuangzhou users
Low-level workers
May 22, 2024 16:03 PM
8
Guangzhou users
Why is the price so low and where does it come from [see]
May 22, 2024 13:30 PM
9
Casablanca1Q84Scientific research migrant workers
Pitiful
May 22, 2024 11:32 AM
0
speciousScientific research migrant workers
Too many sweatshops
May 22, 2024 09:16 AM
0
Scientific research migrant workers
There is no low cost, only sweatshops
May 22, 2024 07:45 AM
5
Porter 13011no name
It is cheap. Many domestic textile industries have moved to Southeast Asia. Labor costs still account for a relatively high proportion in traditional industries.
May 22, 2024 06:42 AM
0
no name
Only China has a complete industrial system. Cheap means cheap labor. Do you think their key factories in Southeast Asia are cheap?
May 22, 2024 05:59 AM
4
User 66677889
~~~~? ~
May 22, 2024 04:45 AM
0
Beautiful lady
I want you to sell it more expensively [face covering]. I’ll increase my salary and reduce my working hours. Humanitarian labor protection is still very important in Europe and the United States.
May 22, 2024 01:42 AM
2
Breeze moving
Tooth for tooth, blood for blood, hatred will be repaid [Like]
May 22, 2024 01:40 AM
18
THEBLACKMAMBA🍉Small dog
Hahahahahaha
May 23, 2024 01:48 AM
0
Small dog
Huou, why should we fight back?
May 22, 2024 17:45 PM
2
Like the wind.
Western countries will play this trick because they are afraid that China will develop
May 22, 2024 01:36 AM
1
Big cousin, please reply if you like me
Having said that, I still don’t know what countervailing means.
May 22, 2024 01:02 AM
6
Returned to Geli Chinese women’s shoe store
oooooookkko
May 23, 2024 10:12 AM
0
heartbreak boy
This is how China subsidizes car exports
May 22, 2024 15:49 PM
0
Xiao Dao Yi Long
Take the same approach to Mercedes-Benz, BMW, Audi, etc.!
May 22, 2024 00:55 AM
0
Laifu chases Chang Wei
France takes the lead in banning wine and cosmetics [Nine Turns Large Intestine]
May 22, 2024 00:24 AM
13
PsDon't say anything, pretend to be an expert
Then anti-dumping restrictions [cover face][cover face][cover face]
May 23, 2024 07:03 AM
2
Don't say anything, pretend to be an expert
France would be sad without Chinese luxury goods sales
May 23, 2024 01:25 AM
2
Tomatoes are not spicy
France is a good friend, how could it be [see]
May 22, 2024 16:17 PM
0
Leyan
China's products are cheap mainly because the basic wages of front-line workers are very low.
May 22, 2024 00:07 AM
33
Tomorrow is Saturday!Edamame fat daddy
Low is low, don't be stubborn
May 23, 2024 00:14 AM
0
Nonsense brother
Got it, compared to Taobao, Pinduoduo is a sweatshop [prayer]
May 22, 2024 22:52 PM
2
Long Ruixiang
Master core pressing technology
May 22, 2024 19:26 PM
5
Empty
㇏,. ,!
May 22, 2024 17:42 PM
0
Peppa Pig also wants to be heard
[sobbing]
May 22, 2024 14:56 PM
0
(°Д°) HelloEdamame fat daddy
Their wages are low! But they are so tireless [face covering]
May 22, 2024 11:13 AM
1
Edamame fat daddy
Isn’t labor in Central and South Asia and Africa cheap?
May 22, 2024 04:31 AM
0
Hahahaha
Yes! They all work in two 12-hour shifts! No rest for 30 days [Applause][Applause][Applause][Applause][Applause]
May 21, 2024 23:55 PM
0
happy bug
Sell ​​below cost? ? Doing charity! !
May 21, 2024 23:38 PM
2
Professional Glodon installation modeling—Hainan
Which brands are exported?
May 21, 2024 23:19 PM
1
Haoyuan🪰
I would like to ask what copolymer polyformaldehyde is used for?
May 21, 2024 22:47 PM
8
Fearless in all weathersVast sea and sky 22749
If it's good for them, they'll be free. If it's bad for them, they'll definitely be beaten.
May 23, 2024 05:46 AM
1
Vast sea and sky 22749
Don’t you mean free market? [cover face]
May 22, 2024 19:30 PM
0
Returned to Geli Chinese women’s shoe store
There are so many [send heart] [send heart] good-looking [send heart] just [send heart] [send heart] [send heart] [send heart] [send heart] I iiiiii
May 22, 2024 14:10 PM
0
2024 new account
support. I'm not targeting you
May 21, 2024 22:14 PM
1
Procedure
Can it be understood that for the sake of the development of its own enterprises, the EU restricts the entry of Chinese enterprises?
May 21, 2024 21:45 PM
53
User 9928715794666
Understand people
May 22, 2024 13:15 PM
2
Like the wind.
Western countries will play this trick because they are afraid that China will develop
May 22, 2024 01:36 AM
1
Hahahaha
Yes! We work two shifts 12 hours a day! Non-stop for a month [cover face][cover face][cover face][cover face]
May 21, 2024 20:52 PM
1
Motorcycle Focus
Well done, it would be better to include CPU and GPU as well, as well as the inappropriate remarks made by the German Foreign Minister, I suggest Audi, VW, BMW and Benz not to let them go either.
May 21, 2024 19:59 PM
0
Wu Wei
Correction: Hot-rolled (zha) coil plate... Many thanks to netizens for their correction [Bao Fist]... Professional name, needs to be carefully proofread... I will work harder in the future... Thank you again for your support [Bao Fist]
May 21, 2024 19:37 PM
54
WiseWizard
Just do this kind of content and never get used to it [watch]
May 22, 2024 17:21 PM
2
"Compulsory assimilation of 1 million Xizang children"? Exclusive visit of foreign special observers to Xizang boarding schools Tibetan | schools | Xizang
"Compulsory assimilation of 1 million Xizang children"? Exclusive visit of foreign special observers to Xizang boarding schools Tibetan | schools | Xizang

In February 2023, three "Special Rapporteurs on Minority Issues" who serve the United Nations in their personal capacity issued a report claiming that China has assimilated Tibetan people through boarding schools in terms of culture, religion, and language, affecting approximately one million Tibetan children. Some western media have forwarded them, criticizing boarding schools in the Xizang Autonomous Region of China. Are Tibetan children forced to attend boarding schools? Do children face "assimilation education" in the classroom? What are the real conditions for school meals and accommodation? In order to investigate the problems raised by the western media, Anze, a foreign special observer, came to Lhasa, Xizang for a field visit, aiming to find out the truth. Question 1: Have Tibetan students been "assimilated"? Lhasa Nagqu No.1 Senior High School was founded in 2004 and is located in Lhasa, Nagqu City

High Quality Development Research Tour: New Farmers Spreading Fields, New Hope Countryside | Agriculture | Fields
High Quality Development Research Tour: New Farmers Spreading Fields, New Hope Countryside | Agriculture | Fields

In early June, on the land of northern Anhui, the wind blew wheat waves, creating a golden hue, and a harvest painting was slowly unfolding. Just after a few rains, Xu Congxiang, a grain grower from Zhanghuai Village, Jiuxian Town, Taihe County, Fuyang City, Anhui Province, came to the field to check the growth of wheat. "Although encountering rain disasters, the impact is not significant because our wheat varieties are excellent, with high technological content and strong resistance to natural disasters," said Xu Congxiang. In order to reduce agricultural production costs, Xu Congxiang has put in a lot of effort in agricultural mechanization and efficient fertilization. "Today is about to harvest, and the agricultural machinery operator is already on the way. These 1230 acres of wheat can be harvested in three days.". The locals all know this catchphrase: "High quality and high yield, harvest more grain, quickly find a model worker Xu Congxiang. Harvest more, harvest more, and sell more, increasing income by several hundred yuan per acre.". Green crops are high in Zhanghuai Village

There are no treatment drugs or vaccines yet!, Multiple countries have experienced infections with the coronavirus, chief physician | virus | coronavirus | coronavirus
There are no treatment drugs or vaccines yet!, Multiple countries have experienced infections with the coronavirus, chief physician | virus | coronavirus | coronavirus

On May 31st, according to the respiratory virus monitoring system of the Centers for Disease Control and Prevention (CDC) in the United States, since the spring of this year, the human leaning lung virus has shown a high incidence trend in various regions of the United States, and the virus is ravaging the intensive care units and pediatric hospitals in major hospitals. Human leaning lung virus, there have been reports in China! On June 3rd, the chief physician of the Infection Control Center of a tertiary hospital told the People's Daily Health Client that Li Dong, the chief physician of the Infection Comprehensive Department of Beijing You'an Hospital, had reminded that "the virus is not a new type of virus. It has appeared in the Netherlands, the United Kingdom, Finland, Australia, Canada, Kenya, Norway, and other places. Children have also been found to be infected with the virus in Beijing, Chongqing, Shenzhen, and other places in China. The global infection burden is relatively high, and there is currently no specialized antiviral therapy to treat human leaning pulmonary virus, nor prevention."

Release these new signals, two billion yuan fines! China's Anti Monopoly Enforcement Swords to Livelihood | Field | Enforcement
Release these new signals, two billion yuan fines! China's Anti Monopoly Enforcement Swords to Livelihood | Field | Enforcement

China's antitrust enforcement, which has received widespread social attention, has recently seen new trends. According to information recently disclosed by the State Administration for Market Regulation, since the beginning of this year, the national market supervision system has carried out a special action on anti-monopoly law enforcement in the field of people's livelihood, continuously strengthening anti-monopoly law enforcement in the field of people's livelihood, and has made phased progress. The first batch of 13 major typical monopoly cases that were centrally investigated and dealt with have been announced to the society, mainly involving drugs, public utilities, insurance and other fields. Some companies have even been fined billions of yuan by market regulatory authorities. Through the first batch of published typical cases, we can see some important signals from them. Not only are there enterprises on the "black list", but also the first batch of 13 typical cases announced by administrative units in this special anti monopoly law enforcement action. Among them, 5 cases occurred in the pharmaceutical field and 8 cases occurred

But Tencent and NetEase make 80% of the profits, and the gaming industry is divided into two or eight categories: the top ten manufacturers earn 81 billion yuan in revenue | Market | Tencent
But Tencent and NetEase make 80% of the profits, and the gaming industry is divided into two or eight categories: the top ten manufacturers earn 81 billion yuan in revenue | Market | Tencent

For gaming companies, 2022, which has just passed, has been the most difficult year in recent years, with most of the listed companies losing money last year. After experiencing a cold winter, the industry is looking forward to a bottoming out and rebound in 2023. Entering June, most listed gaming companies in the A-share, Hong Kong, and US stock markets have released their first quarter reports. In the Q1 financial report that has been released, First Financial has compiled the top 10 gaming companies in terms of revenue, based on which to observe the trend of the gaming market at the beginning of 2023. The total revenue of the top 10 gaming companies in Q1 was about 81 billion yuan, with Tencent and NetEase accounting for over 80%. A clear trend is that industry concentration is further increasing. At the same time, except for two major companies, the revenue of the gaming business of the other eight companies is declining. The financial reports mention that the influencing factors include the pace of new game launches