Foreign App Developers Get China's Ultimatum: Leave Or Partner With A Local Publisher
Portfolio Pulse from Rounak Jain
China's Ministry of Industry and Information (MIIT) has issued new regulations requiring app developers to either be Chinese or partner with a local publisher, and provide business details and a local address. The order impacts Apple Inc. and Alphabet Inc., which operate the App Store and Google Play Store respectively. Developers have until March 2024 to comply, or face potential removal of their apps from app stores and fines.
August 09, 2023 | 1:34 pm
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NEUTRAL IMPACT
Alphabet Inc.'s Google is mentioned in the context of China's new regulations, but its Play Store has been blocked in China for a long time, so the immediate impact is minimal.
While Alphabet Inc.'s Google is mentioned in the context of the new regulations, its Play Store has been blocked in China for a long time. Therefore, the immediate impact of these regulations on Google is minimal.
CONFIDENCE 90
IMPORTANCE 30
RELEVANCE 50
NEUTRAL IMPACT
Alphabet Inc.'s Google is mentioned in the context of China's new regulations, but its Play Store has been blocked in China for a long time, so the immediate impact is minimal.
While Alphabet Inc.'s Google is mentioned in the context of the new regulations, its Play Store has been blocked in China for a long time. Therefore, the immediate impact of these regulations on Google is minimal.
CONFIDENCE 90
IMPORTANCE 30
RELEVANCE 50
NEGATIVE IMPACT
Apple Inc. is directly impacted by China's new regulations requiring app developers to partner with a local publisher. This could potentially affect the number of apps available on the App Store in China.
Apple Inc. operates the App Store in China, and the new regulations could potentially reduce the number of apps available on the platform if developers fail to comply. This could negatively impact Apple's revenue from the App Store in China.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100