this post was submitted on 04 Aug 2023
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China wants to limit teens to using their phones for just an hour a day to fight rising 'internet addiction'::The Cyberspace Administration of China announced proposed regulations for children's smartphone usage, including a "minor mode" with time limits.

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[โ€“] [email protected] 0 points 1 year ago (1 children)

I'm guessing its their way of emulating nordic style progressive wealth taxes without scaring their markets.

[โ€“] Botree 3 points 1 year ago

Well, the crackdown has definitely scared the market and wiped out more than $1 trillion worth of stock value. It's a fascinating case study of the fusion between communism and capitalism, as well as the convergence of centralized control and economic liberalism.