China Reveals New Limits

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Revision as of 15:22, 25 December 2023 by Andura (talk | contribs) (Created page with "{{News |seo_title=China Reveals New Limits |seo_keywords=China |image=Gaming.png |tags=China |date=2023-12-25T13:24:16.000Z |sources={{NewsSource |source=New York Times |url=https://www.nytimes.com/2023/12/22/business/china-online-video-gaming.html |article=News/China Reveals New Limits }} |author=Andura |category=Drama |content=China unveiled preliminary guidelines to curb extravagant spending on online gaming, representing the latest effort by the ruling Communist Part...")
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Gaming.png
China Reveals New Limits

Drama

25 December 2023 13:24

China unveiled preliminary guidelines to curb extravagant spending on online gaming, representing the latest effort by the ruling Communist Party to assert authority over the virtual economy. This announcement led to a significant drop in the stock prices of major Chinese gaming companies, Tencent and NetEase. The guidelines, issued by China's gaming regulator, the National Press and Publication Administration, state that online games are prohibited from providing incentives for daily log-ins or purchases.

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Gaming.png
China Reveals New Limits

Drama

25 December 2023 13:24

Tags: China

China unveiled preliminary guidelines to curb extravagant spending on online gaming, representing the latest effort by the ruling Communist Party to assert authority over the virtual economy. This announcement led to a significant drop in the stock prices of major Chinese gaming companies, Tencent and NetEase. The guidelines, issued by China's gaming regulator, the National Press and Publication Administration, state that online games are prohibited from providing incentives for daily log-ins or purchases.

Share:Twitter.pngFacebook.pngInstagram.pngLinkedin.png
Sources:
New York Times.png
Report mistake   Report-mistake-icon.png
Submit news   Submit-news-icon.png

Related News Icon Related news

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