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Banning of Video Games: Bad for the Players, Good for the Government

China has made a bold move among children in an effort to curb their addiction to video games and buying digital items. Those who are playing video games who are under the age of 18 would be banned to play online games for a max of 90 minutes. This will be applicable on a weekday basis and is forbidden to play between 22:00 to 8:00. Then on public holidays and weekends, they are permitted to play by a max of 3 hours a day.

Official government guidelines that outline these new rules were actually issued by the General Administration of Press and Publication of the country. This will also be imposed straight through various gaming platforms that are in operation in the country.

In fact, a spokesperson for Chinese administration has told Xinhua News Agency that these new measures were intricately planned to provide protection among minors for their mental and physical health.

The Max You can Do

Aside from that, the rules include limitations on the amount of money that they can spend within the games. With players who are under 16 years old will be allowed to spend a max of 200 yuan or £22 a month and those who are 16 to 18 has a max ceiling of 400 yuan.

Therefore, no matter how much you love buying D2Items to level up your avatar in Diablo II game, you’ll be stuck with 200 to 400 yuan.

Basically, China is the second largest gaming market in the world. They’re just behind in United States but, authorities in the country repeatedly criticizing the impact of video games could bring amongst young people. Basically, in a study performed in 500 million Chinese citizens in 2015, it has shown that many of the participants have suffered from visual impairment. And researchers are blaming it due to the rise of online games and mobile phones.

China is just doing what’s Right

Though, there’s no specific consensus that myopia could be a result of video games. However, countries in situated in Eastern Asia have observed a huge rise in such condition for the past several years. In fact, the World Health Organization had recognized video game addiction as mental health disorder. This only backs Chinese administration’s decision for doing what they have to do.

Business

Government Encouraging Citizen to Invest in Business

Small businesses are a vital component of the economy. If the government is hoping to reduce their poverty line and produce thriving middle class and economic prosperity at the same time, then they have to encourage citizens to invest in a business. This is as per the US Department of State. Small businesses and the government has a tendency to have symbiotic relation as small businesses are relying on the government to maintain fair competition among large and established businesses.

According to US DOS, America is dependent on small businesses for creating jobs as 90% all businesses and companies are small.

This has been taken advantage of by the guys from https://www.atomkeep.com/best-vacuum-for-carpet/ to launch their enterprise and website and sell stuff to people.

Government’s Intervention is Critical

As a matter of fact, there are many benefits associated to the government’s intervention in assisting the launch of small businesses. The federal government uses its power in providing direct support to small businesses. The US has established SBA in 1953 or Small Business Administration. This is all designed to help people get started with small businesses and maintain it. SBA is offering loans, business advice and even financial support to businesses. The federal government spends roughly 425 billion dollars on buying goods and services and 23% of this should go to small and startup companies.

Businesses and government could have passive or active relationship as per Thomas A. Garrett. He is a senior economist with Federal Reserve Bank of St. Louis. An active government policy is helping to specify small business industries, normally by means of offering tax incentives. With a passive government on the other hand, it is helping small businesses as a whole like offering loans.

Points to be Considered

Small business and the government usually have conflicts when it comes to their goals. The government does recognize that it should protect these businesses. However, they must acknowledge as well that big firms are more efficient compared to smaller companies. Not only that, the US has a tendency to veer toward free market aiming to reducing the influence of the government. This forces the government to execute a balancing act between growth promotions before turning everything into monopoly.

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Impending Effect of India’s Ecommerce Industry to US

The US Government raised concerns in regards to the revised eCommerce regulations of India. In fact, they have reached out to New Delhi officials regarding the policy and to how it will hamper Indian Investment plans of Walmart Inc as well as Amazon.com.

Take it or Leave it

This tussle has marked the latest US protests on policies implemented by Indian government which have caused direct impact to various American companies. There even comes a time to which the two countries tried ironing out trade irritants. Back in 2017, United States sent a written protest against the verdict that India made in capping the cost of medical devices and equipment which has troubled various American owned businesses and companies.

The eCommerce investment policies of India which has taken effect from February 1 has banned companies from marketing products through firms that they have equity interests and at the same time, barred them from dealing with sellers to exclusively sell on their respective platform. As per one of the trade ministry officials of India…

a US government official has released a statement for the Indian officials to guard investments from companies with the likes of Flipkart and Walmart in the country.

India will Hold its Ground

Even though, US government referred to the established relations between them and India and stressed further that American owned companies must be given enough time with talks regarding bilateral trade. However, India has given non-committal response according to the source.

On the other hand, Narendra Modi, the Indian Prime Minister is pushing to expedite the revision of amendment or rules in any meaningful way. Small retailers as well as traders in the country supported his objective for Amazon and Walmart is a huge threat to their livelihood.

Walmart and Amazon have made bold moves in tapping the booming and lucrative eCommerce market of India to which has been estimated to grow by 30% annually to 200 billion dollars in the next decade up to 2027. This figure can even double if some of the Indian investors and entrepreneurs would discover hustlelife.net as it’s a complete program to learn online business and eCommerce.