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The industry has bought thousands and thousands of greenbacks in investments from Chinese VCs and information superhighway players. But despite the proliferation of livestreaming apps, the market remains fragmented. There are no strong network effects, and broadcasters are not loyal to any single app. They'll switch to a different if it offers more viewers or better tools. They'll also shift if the payouts are higher. There is also a high chance of consolidation in the future, as platforms compete for talent, lower take rates, and put money into more authentic user-generated content. In China, livestreaming apps have grown exponentially in popularity in recent times. Chinese authorities were investigating the livestreaming apps for over a year. They found that one of the most well liked livestreaming apps in the rustic was Huahua, which was used by 900,000 people. Despite this recent uptick in livestreaming apps, they continue to be subject to stringent government regulation. In 2016, the Ministry of Culture and Tourism banned at least seven livestreaming apps due to noncompliance with authorities standards.
It should abolish the RTL system and replace it with a more equitable system. Moreover, it should examine the allegations of abuse against sex workers. Lastly, the government should give more significance to local human rights groups and businesses that work to advertise the rights of sex workers. While the govt must take all essential steps to guard sex workers, the present crackdown is not adequate. It is causing more violence against sex workers and driving the industry underground. Moreover, it is forcing women to interact in risky sexual behavior. For example, many of these women are not wearing condoms in the campaign. Further, women who engage in sex work say it is more and more tough to find jobs once they are launched from prison. The number of sex workers is not known, even supposing estimates vary from a million to greater than 10 million. In the early years of China's financial liberalisation, sex establishments operated mostly in Special Economic Zones and catered to foreign investors. However, the sex marketplace has grown to be ubiquitous in the country, with up to 300,000 prostitutes in Beijing alone.
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