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China’s long-awaited resumption of video game licence approvals may be too late for some smaller studios | South China Morning Post

Source: scmp.com scmp.com
News Snapshot:

The long-awaited resumption of video game licence approvals in China after nearly nine months of suspension might have arrived too late for some, with some smaller studios struggling to survive, according to a Chinese media report. In the group of game developers to receive approvals this month are some that have made changes or encountered “abnormalities” in their operations, which could include a suspension of normal business operations or failure to perform certain corporate duties, Chinese tech media outlet 36Kr reported, citing business information portals including Qichacha and Tianyancha. Nanjing Bochuan Network Technology, which was granted a licence on April…

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