Latest news and articles about China tech economy
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Actor-turned-livestreamer Li Yapeng has seen a dramatic rebound in online sales and followers after publicising the financial distress of the Yanran Angel Children’s Hospital. The surge in donations and livestream revenue, however, sits alongside tax and court liabilities — including a RMB 6.34 million tax delinquency tied to a company he partly owns and an earlier judgment over overdue rent — exposing governance and regulatory risks in celebrity-backed ventures.
