In 2021, China put major restrictions on gaming in the country and even stopped licensing new games. As a result, 14,000 gaming-related businesses have deregistered and effectively shut down since July of last year. China did more than just [ban video games for kids](nytimes.com/2021/08/30/business/media/china-online-games.html) during school nights in 2021. The country’s National Press and Publication Administration (NPPA) also froze its game licensing process. The NPPA hasn’t approved any new titles in six months, making this the longest amount of time China has suspended the process. While thousands of small companies have shut down, larger ones have adapted to the stalled...