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China’s betting big on e-sports but its tight grip on youth gaming could thwart its ambitions

News Snapshot:

SHENZHEN – Chinese cities from Shenzhen to Beijing are vying to become e-sports hubs in a billion-dollar industry, despite China’s continuing bids to regulate youngsters’ Internet use to curb online gaming addiction. Local governments across the country have in recent months unveiled plans to develop the e-sports industry worth US$1.72 billion (S$2.3 billion) globally. But concerns have arisen over how Beijing’s moves to fight gaming addiction among minors will affect the future of e-sports athletes in China, which has the world’s largest e-sports industry. Tech hub Shenzhen recently pledged 10 million yuan (S$1.9 million) to develop game content and professional…

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