China to import 45 foreign video games, grants multiple licences to Tencent

South Africa News News

China to import 45 foreign video games, grants multiple licences to Tencent
South Africa Latest News,South Africa Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 97%

China's video games regulator granted on Wednesday publishing licences to 45 foreign games for release in the country,further lifting rigid curbs that have hammered the industry for 18 months.

The regulator also approved 84 domestic games for the month of December, according to a separate list released on Wednesday.

The approval of imported games effectively marks the end of Beijing's crackdown on the video games industry which began last August when regulators suspended the game approval process. Regulators resumed issuing game licenses to homegrown games in April, and the approval of foreign games was seen as the last regulatory curb to be removed.

Unlike in most other countries, video games need approval from regulators before release in China, the world's largest gaming market. Beijing's year-long crackdown on the industry has dealt a significant blow to Chinese tech companies including Tencent and NetEase IncThrough various affiliated companies, Tencent, the world's largest gaming company, has effectively received a total of six licences in December, a source with knowledge of the matter told Reuters.in over a year-and-a-half last month, which was seen then as an important signal towards policy normalisation for the industry.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

29 Wednesday Addams-Inspired Items for a Gothic Glam New Year's Eve Look29 Wednesday Addams-Inspired Items for a Gothic Glam New Year's Eve LookRing in 2023 with gothic glam looks inspired by Wednesday Addams.
Read more »

'Wednesday' Showrunners Reveal Their Expectations for Season 2'Wednesday' Showrunners Reveal Their Expectations for Season 2The series stands tall as the most popular title on the Netflix catalogue.
Read more »

Wednesday Creators Explain Focusing Show On Addams Family DaughterWednesday Creators Explain Focusing Show On Addams Family DaughterWednesday creators explain why she was a teenager in the series. 'Her sort of fearlessness and her ability to always be herself with something, that was interesting, and we thought, well, 'What if she was a teenage girl?'
Read more »

“Wednesday” HMUAs Break Down Key Looks from the Netflix Series“Wednesday” HMUAs Break Down Key Looks from the Netflix SeriesFrom Wednesday’s “core” look to Goody Addams.
Read more »



Render Time: 2025-02-28 00:03:05