information China. The New King of Domains.

[Arpit131]

"If you own a premium domain name, then odds are you have received an inquiry from a prospective Chinese buyer over the past year. Domain names have become an extremely popular investment in China and many of the industry’s top reported weekly sales are now credited to both Chinese investors and Chinese companies."

Check out this article which covers the transformation that took place in the internet and the way it transformed the domain industry :

https://namecorp.com/china-the-new-king-of-domains/#.VeXRXfmqqko

 

[MarketingArchi]

china is country, how can it be a king?

good read

 

[Joe Styler]

Good article, but I thought Rick Schwartz was already the domain king.

 

[Joseph Green]

Good article, but I thought Rick Schwartz was already the domain king.

That's what I thought, too.

Did @Rick Schwartz move to China?

 

[Name Trader]

The king is dead.... or demoted.... Long live the king.

 

[Perceptron]

Chinese slows down its Real Estate investment!
What, but actually China increased its Gold Reserve and also China has exponential investment increment within the Domains/Digital Asset Spectrum!

Next China's devalues its Currency!
The Chinese government devaluing their currency Yuan against the Dollar sent shivers across the world market. Which means earlier if as a US citizen 10$ could get you 50¥, now 10$ may get you 80¥ thereby allowing you to buy more products. You can think of currency devaluation as a kind of a sale. Businesses in China that sell goods and services to customers in foreign countries have them priced in China's own currency, the yuan. So if the yuan becomes less valuable relative to the dollar/any foreign currency, Chinese products suddenly become cheaper and more attractive in US/any foreign country. Wow, now thats an international Level CLEARANCE SALE!

 

[djum]

earlier if as a US citizen 10$ could get you 50¥, now 10$ may get you 80¥

Please stop spreading misinformation here.

Before so called devaluation 1 yuan was 0.18 USD, now it's 0.16. What a huge difference! There's plenty of countries around the world, where national currency fluctuates more than that per day. Take Russia for example. Russian ruble went from 55 rubles per 1$ to 70 rubles per 1$ in just 2 weeks this summer. Noone called it devaluation, its just happened with sinking oil prices.

 

[Perceptron]

@djum Hold your horses mate!
Wow!
Those numbers are just used to give layman explanation to actual situation. People within some of the mainstream media is beating the drums of the coming of China's Boom-Bust!

But Economist/scholars have the opinion that it is just a Strategy applied by the Chinese Government. Which I tried to explain using some of their quotes in layman terms referring to a CLEARANCE SALE!

The part saying "......sent shivers across the World Market." - Dude Sarasm intended!

Never mind

GoodNight / ShabbaKhair / ShubhRaatri

 

[baseballworld]

China is no different then anyone else investors will invest and most of the largest populated areas of the world have poor economies and don't even use internet hardly yet. I do believe a king sold his domains long before rick.

 

[samko]

DAMA is coming