http://www.guardian.co.uk/china/story/0,,2027635,00.html
Here is the link...so far its not being reported in any major US news....
Local govement of my city has banned new internet cafes about two years ago. Since that time, new operator borrow license from big internet cafes, it's called chain cafes permitted by govement.
see this is what im talking about... LOOPHOLES. This will have no effect on NCTY, NONE.
It is not a ban, but a freeze. The freeze will not take effect until July - there will be an explosion of cafe openings to beat the deadline, IMO. And after that they will just cram more and more people into the existing ones. You can't stop it with rules; it's like liquor. Only education and better parental supervision can stop it. With the exploding economy, probably nobody in China has time to watch their kids.
along with this article its not looking so good.. :-(
Just b/c they have a law doesnt mean it will be enforced. There will be loop holes, for example the internet cafe will just file their business under "coffee shop," they will get around it. If their is money to me made, people will do everything to try and make it. Gambling is illegal in almost every state, but i can gamble on-line, i can gamble at one of the many "Card-houses".... aka CASINOS in LA. Now how can i do this if their is a law against it. Because their are loop holes and people will always find them. Via Capitalism!!!
This is only the policy of central government. This doesn't mean the local government will fully ban new internet cafe. Plus broadband adoption by individual is not limited.
wont happen, it's just "PC" to say. Government is all about big business no matter if its US China Japan whatever.... and the internet is big business and the gov really doesnt care about the handfull of kids who take it too far.
Hi Clippers,
The ban of on any new cyber cafes from June is official.
The Chinese government still feels that the Internet is a possible subversive entity, so I think they are using the death of the cyber geek the other day as a way to restrict Internet use to a certain extent.
Personally, I think this will have some effect on NCTY's bottom line, as the number of cyber cafes has been growing at about 30% per year so limiting the access to the Internet it will somewhat limit Internet usage but to what extent is anyone's guess.
I'm not too worried about this development, but you shouldn't just blow it off either.
GL
by their def of "addiction"... im addicted to sleep and work... hehe
this should affect some growth prospects.