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Will Viya’s $210 million tax fine rattle China’s livestreaming industry?

What does Viya's massive penalty for tax evasion mean for China’s once-booming livestream economy? Image credit: Weibo What does Viya's massive penalty for tax evasion mean for China’s once-booming livestream economy? Image credit: Weibo

 

By Wenzhuo Wu

This year was a bumpy one for Chinese celebrities, thanks to the country’s regulations on the entertainment industry — and even some of the industry’s top influencers got hit hard.