One of the most prominent trends in the domain investing world over the last year has been the incredible growth in China.
After a strong Q4, 2016 started off without a bang as Chinese domain buyers stopped buying premium 4L .COMs and 6N .COMs at record prices. In short, demand fell off a cliff. There has been a debate about if this is a short term down cycle or the beginning of a downward trend.
This week the news broke – China was looking at instituting a policy for restricting access to foreign domain names:
“The proposals, released for public comment last week by the Ministry of Industry and Information Technology, seek to update existing regulations to censor any domain names not registered within China. Only domain names approved by authorities would be permitted, while other names registered outside of China would be blocked automatically.”
Source
How do you think will this impact the prices of Chips and other domain names that have increased in price due to Chinese investment?
After a strong Q4, 2016 started off without a bang as Chinese domain buyers stopped buying premium 4L .COMs and 6N .COMs at record prices. In short, demand fell off a cliff. There has been a debate about if this is a short term down cycle or the beginning of a downward trend.
This week the news broke – China was looking at instituting a policy for restricting access to foreign domain names:
“The proposals, released for public comment last week by the Ministry of Industry and Information Technology, seek to update existing regulations to censor any domain names not registered within China. Only domain names approved by authorities would be permitted, while other names registered outside of China would be blocked automatically.”
Source
How do you think will this impact the prices of Chips and other domain names that have increased in price due to Chinese investment?
