Chinese authorities have frozen the issue of new licenses for the emerging video games. The trial has been underway since July last year. Many small companies closely related to the gaming industry closed their activities, and some of them moved abroad, reports the magazine South China Morning Post. The last such enormous turmoil in this industry took place in 2018, when there was a strong regulatory reshuffle. Now with the National Press and Publications Administration (NPPA) in China, an institution dealing with the regulation and licensing of games, over 14,000 enterprises have been deregistered (from July 2021). Larger companies, often…