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China bans foreign investment in online game industry
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#1
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China bans foreign investment in online game industry
In an attempt to strengthen its grip on virtual reality, China is prohibiting foreigners from investing in the country's online video game industry.
Read the whole story
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"Dependence begets subservience and venality, suffocates the germ of virtue, and prepares fit tools for the designs of ambition." -Thomas Jefferson
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#2
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(shrugs) It's China - what would one expect?
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#3
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Pardon my ignorance but what, if any, current online games are affected by this action that come out of China?
And what 45 possibilities have been halted that we know about? |
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#4
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Well I don't know what 45 games there talking about, but it sounds like they were all China based games. SO likely they were games no of the rest of us have even heard of.
In its own way this could be a good thing, the world gaming industry losses a lot of ability to target china witch lowers there market presence. Which yes Lower potential sales by A LOT don't get me wrong. However at the same time Region demand also heavily effects the content of games or products on the market so as china raises in the market the number of buyers far a weight the buyers in the USA/Canada/UK areas. So in an effect less would be made to target us. Really I've played a few chicnesses made games.... I'll be sticking to Japan/USA/UK made games targeted to the Japan, US, & UK markets. It'll be Interesting to see what happens in 5~20 years when/if India ever really gets involved in the Gaming world. |
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Former Google China exec opens $115 million investment fund