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China: Fortnite video games inaccessible

This decision comes following regulatory restrictions imposed by China, aimed more specifically at the digital sector.

Earlier this month, video game distributor Epic Games announced that it would suspend the Fortnite version specific to China, where violent, obscene or politically sensitive content is strictly regulated. In order to avoid any addiction, in August the authorities imposed a drastic limit of three hours of video games per week for those under 18.

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Alibaba Plans Up to $5 Billion Bond Sale

Alibaba Group Holding Ltd. plans to sell billions of dollars of bonds, in what will be a test of investor appetite after the e-commerce giant’s recent run-ins with Chinese authorities.

In a brief statement late Tuesday, Alibaba said it planned to issue dollar debt, including some bonds to fund sustainability-related projects, subject to market conditions. It said the deal’s total size hadn’t been fixed, nor had the bonds’ maturities, interest rates or other terms.

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China says WHO gave blessing for coronavirus vaccine emergency use programme

The World Health Organization gave China its support and understanding to start administering experimental coronavirus vaccines to people while clinical trials were still underway, a Chinese health official said on Friday.

China launched its emergency programme in July, having communicated with the WHO in late June, according to Zheng Zhongwei, a National Health Commission official.

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China's ByteDance seeks $60 billion TikTok valuation in U.S. deal: Bloomberg News

China's ByteDance Ltd is seeking a valuation of $60 billion for TikTok as Oracle Corp ORCL.N and Walmart Inc WMT.N take stakes in the short-video app's business to address U.S. security concerns, Bloomberg News reported on Sunday, citing an unnamed person familiar with the matter.

Oracle will take a 12.5% stake in TikTok Global and store all its U.S. user data in its cloud to comply with U.S. national security requirements, the companies said on Saturday. Retail giant Walmart said it would take a 7.5% stake.

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