This week we talk about how China's big tech are coping with new regulations on recommendation algorithms; they are simply allowing users to 'turn them off'.

Meanwhile, a Shanghai's games developer "Genshin Impact" becomes the first major Chinese game to go global. This marks a major milestone in China's gaming industry, and some of the most valuable IP content (Intellectual Property) to be created in Greater China since the likes of Crouching Tiger Hidden Dragon or Bruce Lee movies.

1) Douyin, Baidu, Taobao, and WeChat now offer an option that allows users to turn off their recommendation algorithms

2) Shanghai game "Genshin Impact" focuses on Japan and US markets, earns $2bn USD in first year

3) Chinese authorities are considering requiring Tencent Holdings Ltd. to include WeChat Pay in a newly created financial holding company

BONUS Content

• Douban is seeking a public apology from Weibo and demanding a symbolic RMB 1 ($0.15) indemnity and the litigation fees from the case. 
• Podcast interview with author of Cashless, all about China's CBDC (Central Bank Digital Coin)