China Cracks Down on Over 42,000 Counterfeit Investment Apps to Combat Telecom Network Crime

China has cracked down on counterfeit investment platforms, as part of the country’s campaign to target telecom network crime, the country’s cyberspace regulator said on Friday. According to the Cyberspace Administration of China, over 42,000 apps had been targeted since the start of last year, while the number of telecom fraud cases in China is said to have decli...