Beijing's change in stance on gaming after $80 billion rout
Edited By WION Video Desk
Published: Dec 26, 2023, 06:45 IST | Updated: Dec 26, 2023, 06:45 IST
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China has approved 105 domestic games, signalling a softened stance on gaming. This move follows last week's $80 billion market rout triggered by beijing's decision to tighten gaming industry controls. Tencent and netease, china's top gaming companies, received approvals, indicating government support for online gaming growth. Despite the approvals, investor concerns persist, reflecting lingering fears of potential digital crackdowns.
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