The regulations, announced by state regulators barred Chinese celebrities from publicly endorsing or advertising health, education and financial commodities, including e-cigarettes and baby formula. Regulators went on record to say that the push was to ensure China’s society was “guided by Premier Xi Jinping’s thought on socialism with Chinese characteristics for a new era”, referring to the sweeping ideology underpinning the rule of the Xi-led Communist party. “Celebrities should consciously practise socialist core values in their advertising endorsement activities, and endorsement activities should conform to social morals and traditional virtues,” the new regulations specifically stated.
While the new regulations may just have kicked in, China has been active in disciplining celebrities for quite a while now. In 2021, the actor Zheng Shuang was fined nearly 300m RMB ($46m) for tax evasion and banned from being invited on to entertainment programmes of any kind. Around the same time, Fendi brand ambassador Zhao Wei had her name removed from all works on major entertainment platforms for unknown reasons. Several companies or celebrities were also punished for their endorsements of bad or fraudulent products. Last year, the standup comedian Li Dan was fined about $134,000 over a women’s underwear ad that was deemed insulting to women. In September 2021, Chinese authorities banned some reality TV talent shows and ordered broadcasters not to promote what it derogatorily referred to as “sissy” men. A two-month regulatory operation also banned the ranking of celebrities and cultural products in an effort to rein in the “chaos” and monetisation of online fandom.
Diese Geschichte stammt aus der December 17, 2022-Ausgabe von Businessworld India.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der December 17, 2022-Ausgabe von Businessworld India.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Gauging Trumponomics For India
Despite some shortto mediumterm headwinds in trade and immigration, the broader Indo-US vision of counterbalancing China’s influence is expected to ensure continued cooperation under Trump 2.0
Reflections on Consciousness and Creation
Indian-American DEEPAK CHOPRA on the nature of the universe, the digital fabric of existence, and the power of a conscious mind
MORE TAKE TO DRIVING IN STYLE
High-end luxury vehicles are no longer part of a niche market, but a rapidly expanding segment of automobile sales, driven by changing consumer preferences, rising disposable incomes and better infrastructure
India's Growing Affinity for Swiss Watches: A Luxury on the Rise
NDIA'S ROBUST ECONOMIC growth, projected to exceed 6 per cent in 2024 and 2025, is fostering a rising demand for aspirational products. As disposable incomes increase, particularly among the expanding middle class, luxury goods such as Swiss-made watches are gaining popularity.
An ENRiching Outlook
KPMG's latest report shows energy CEOs being optimistic about the sector's outlook. ANISH DE, Global Head, ENRC, KPMG speaks to BW Businessworld's Arjun Yadav on what's driving this confidence
Paving the Path to a Sustainable Future
Salesforce's ESG journey has made an impact beyond the company. SUNYA NORMAN, SVP of ESG Strategy and Engagement at Salesforce, shares more on how the tech giant integrates sustainability into its core operations, supporting global goals while empowering employees
LEADERSHIP TRANSITION AT XIAOMI INDIA
Xiaomi India is experiencing a leadership evolution, beginning with Muralikrishnan B's departure as President by the end of 2024. This change underscores Xiaomi's shift towards nurturing local talent amidst dynamic global shifts. The story tracks key transitions from Manu Kumar Jain's leadership to Muralikrishnan B's impactful tenure, along with recent strategic hires, highlighting Xiaomi's alignment towards market adaptability and consumer focus
WEAVING SUSTAINABILITY
Once a modest home textile manufacturer, Jindal Worldwide has evolved into a vertically integrated textile powerhouse, spanning critical segments of the yarn and fabric value chain
FORCE FOR GOOD
FY24 saw capacity expansions for Century Enka in nylon and polyester segments, along with investments in modernisation, renewable energy, and safety initiatives
REIMAGINING TOMORROW
For V-Guard, tomorrow signifies progress, driven by today's actions, setting the foundation for future growth and value creation for all stakeholders