China vs video games: why Beijing stopped short of a gaming ban, keeping Tencent and NetEase growing amid crackdown

//China vs video games: why Beijing stopped short of a gaming ban, keeping Tencent and NetEase growing amid crackdown

China vs video games: why Beijing stopped short of a gaming ban, keeping Tencent and NetEase growing amid crackdown

It has been a wild year for China’s video gaming market. Stocks took a dive in August following an editorial lambasting internet games as “spiritual opium”. Then Beijing placed additional restrictions on the amount of time children can spend playing games – just three hours most weeks – again battering tech stocks, especially those of Tencent Holdings and NetEase.Since then, things have calmed down a little. It turns out that many children are still finding ways around ever tightening…

Article by [author-name] (c) Big Tech - South China Morning Post - Read full story here.

By | 2021-11-19T13:00:13+00:00 November 19th, 2021|Technology|Comments Off on China vs video games: why Beijing stopped short of a gaming ban, keeping Tencent and NetEase growing amid crackdown