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About 14,000 video game companies have stopped operating in China under the new laws – Kudasai

January 5, 2022
Source: oicanadian.com oicanadian.com
News Snapshot:
China’s video game licensing freeze lasts until 2022, dashing hopes that the process can resume in late 2021, prompting many small gaming-related companies to shut down operations and prompting the largest. editorial sector to seek expansion abroad. The National Press and Publications Administration (NPPA), which is in charge of licensing video games in China, has not released a list of new titles approved since the end of July. This marks the country’s longest suspension of new gaming licenses since a nine-month hiatus in 2018 that followed a regulatory shakeup. As a result, thousands of small studios and companies related to...
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