News / China warns gaming firms could lose tax breaks in latest threat to the multi-billion sector it is seeking to control China warns gaming firms could lose tax breaks in latest threat to the multi-billion sector it is seeking to control August 05, 2021 China should end tax breaks for gaming companies as they have grown into global firms, a regime-backed newspaper said today in the latest threat to the multi-billion dollar sector. The gaming industry, which raked in 130 billion yuan ($20 billion) in the first half of this year, was earlier this week accused of feeding 'spiritual…