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China Ends Freeze on Video-Game Licensing, FT Says
China has approved 80 new video game titles in the first batch of licenses granted by the media regulator after the end of a nine-month freeze.
The initial games were mostly local, mobile titles and didn't include any from industry giants Tencent Holdings Ltd. or Netease Inc. The notice of approvals was posted online by the State Administration of Press, Publication, Radio, Film and Television.
China's gaming industry, which generates more than $30 billion of revenue, has been hammered this year after regulators froze the approval process for new games, preventing companies from making money off hit titles. That threw Tencent into disarray, spurring its first profit drop in at least a decade and wiping about $200 billion off its market value since a January peak.
(Score: 3, Interesting) by realDonaldTrump on Monday December 31 2018, @10:57AM
We noticed, believe me. Our entire Nation, w/one heavy heart, continues to pray for the victims & their families in Parkland, FL. So tragic what happened there because of violent Video Games & Movies. And we're looking very closely into that one. We put together a reel of some of the worst. So many "people dieing" it's incredible, folks. youtu.be/0C_IBSuXIoo [youtu.be]
And that's a problem they don't have in China. They have very strong regulation on that one. And it's made their country very safe. While at the same time, very rich. They’ve taken our jobs, they’ve taken our money, they’ve taken everything. So many Chinese coming into our Country on those EB-5 Visas. The one that's basically, you pay the money, you get in. They're saving big money on the funeral bills. The law enforcement. And on the medical. So they come here, they "invest," they buy a fabulous condo.
Well, we can turn that one around. Ban the horrible Video Games. Bank the savings. And buy the best apartments in Beijing. Otherwise known as Peking. America First!!