China’s Attempt to Restrict Online Gaming Failed

The Communist Party, which rules in China, announced last week that it would make new decisions regarding the video game world. A created draft law, video games were being subjected to slightly more restrictions across the country. However, China’s international video game companies suffered huge losses, and the government to step back led.

The Chinese government has long been obsessed with online gaming, especially. In fact, with a decision taken in 2021, children will be able to only 3 hours They became able to play games. Moreover, government approval is required for a game to be published in China, and again in 2021, the process that allows new games to be published will be fully completed. stopped for 8 months It was decided. The decisions taken last week included similar restrictions.

Many restrictions would still be imposed

In the statements made by the National Press and Publication Administration, China’s official institution that regulates games, online game developers They cannot offer daily tasks reported. Additionally, developers would warn players who played the games they published for more than a certain period of time. Here is the draft law with such decisions in international markets. reacted.

Following the announcement of the draft law, shares of Chinese gaming companies were traded on giant stock exchanges in both China and the USA. depreciation caused it to happen. Tencent, one of the world’s largest Chinese gaming companies, experienced a loss of value reaching 16 percent within hours. Another Chinese developer, NetEase, 25 percent He encountered losses around . Experts estimate the total loss to be in the tens of billions of dollars.

The government had to allow 105 more votes

Taking action upon the reactions, the Chinese government made a new statement today. In the statement made, for 105 more games It was stated that playability permission was given. In the statement made by the National Press and Publication Administration of China, Promoting the prosperity and healthy development of the online gaming industry was expressed. It’s up to you to believe this or not…

It is obvious that the video game industry is growing more and more every day. What happened in China was that such a large sector could not be controlled even by a communist government. how you brought him to his knees It is very important to show. Let’s see whether China will give up this decision completely or drag the industry into a bigger crisis in the coming days.