Thursday, 21 December 2023 18:06

China Implements Strict New Gaming Laws

Written by John DiCarlo
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China unveils new laws intended to limit certain practices by gaming companies, leading to some big changes in the nation's gaming market.

China announced new laws intended to limit microtransactions and prevent certain predatory practices by gaming companies, affecting the stocks of major Chinese corporations like Tencent. As the world's largest video game vendor, Tencent's market value experienced a long fall following the reveal of these new laws.

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