China bans celebrities from showing off their wealth on social media

The Cyberspace Administration of China has announced its celebrities will be banned from showing off their wealth on social media. 

New rules in China's latest crackdown on the entertainment industry mean celebrities in the country will no longer be allowed to "show off wealth" or "extravagant pleasure" on social media.

Business Insider has reported social media accounts of celebrities and fans must adhere to "public order and good customs, adhere to correct public opinion orientation and value orientation, promote socialist core values, and maintain a healthy style and taste"