Chinese Video Game Stocks Sink on Government Efforts to Curb Online Gaming
Savings Corner
DECEMBER 23, 2023
Key Takeaways The Chinese government proposed new rules that would cap how much players can spend on video games and ban designers from rewarding daily logins. China is one of the largest video game markets globally, with sales topping $42.6 Chinese video game sales topped 300 billion yuan ($42.6 billion this year.
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