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China to ban kids on phones for longer than two hours

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Chinese regulators have proposed new rules that would limit smartphone usage for individuals under the age of 18 to a maximum of two hours per day.

The proposed rules also include a “minor mode” that would prevent users under 18 from accessing the internet on their mobile devices from 10 pm to 6 am.

Under the proposed regulations, users aged 16 to 18 would be allowed two hours of smartphone usage per day, children aged eight to 16 would be given one hour, and children under eight would be limited to eight minutes.

The move comes as authorities in China express growing concerns about myopia rates and internet addiction among young people. The proposed rules could have implications for companies that run major mobile apps in China, such as TikTok’s owner, ByteDance.

Time limits

Providers would be required to set time limits under the proposed reforms but could allow parents to opt-out of these restrictions for their children.

If implemented, these new regulations could pose challenges for internet companies and may require significant efforts and costs to comply with the new requirements.

The draft guidelines are open to public feedback until September 2nd.

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Markets brace for pivotal week following renewed US-China trade talks

Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.

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Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.


Global markets prepare for a critical week as US–China trade talks, major earnings, and inflation data could shift investor sentiment and central bank expectations.

Kyle Rodda from Capital.com breaks down the key risks and opportunities.

#GlobalMarkets #USChinaTrade #Inflation #EarningsSeason #Investing #FederalReserve #AUD #Tesla #Netflix #MarketUpdate


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Global markets steady ahead of CPI

Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.

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Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.


Global equities remain resilient, with Wall Street, Europe, and Asia near record highs as investors eye Friday’s US CPI data to gauge central bank moves.

Market watchers note cautious optimism amid ongoing volatility.

#GlobalMarkets #CPI #WallStreet #Equities #Investing #CentralBanks #RBA #Fed #USMarkets #MarketUpdate


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US sanctions Russia’s top oil giants

US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.

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US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.


The US has imposed new sanctions on Rosneft and Lukoil, aligning with Europe to pressure Moscow amid rising oil prices and global market tensions.

Analysts warn the real impact will hinge on enforcement and international response.

#Russia #USSanctions #Rosneft #Lukoil #OilMarkets #Geopolitics #EnergyCrisis #DonaldTrump #EU #GlobalTrade #Moscow


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