China approves 105 games after recently announced restrictions sent Tencent and NetEase shares tumbling - Game World Observer

A Cash Kart Edit site Customize New Edit Post SEOFocus keyphrase not set Howdy, admin Log OutSkip to content A Cash Kart China approves 105 games after recently announced restrictions sent Tencent and NetEase shares tumbling – Game World Observer China continues to put pressure on the country’s games industry by proposing a new set of restrictive regulations. However, the government has already approved a new batch of video games, also saying it is open to feedback from local companies. China approves 105 new domestic games, including NetEase's extraction shooter Firefly Assault Firefly Assault On December 22, the National Press and Public Administration (NPPA) published a draft set of rules aimed at curbing practices that encourage players to spend more money and time on online games. Below are the key proposals (via Reuters): “The removal of these incentives is likely to reduce daily active users and in-app revenue, and could eventually force publishers to fundamentally overhaul their game design and monetisation strategies,” Morningstar analyst Ivan Su told Reuters. The NPPA is now seeking feedback from Chinese game companies by January 222, 2024. As a result, the country’s tech giants lost roughly $80 billion in market value on Friday. Tencent saw its shares plunge 16% (the biggest drop since 2008), while NetEase shares fell 28% (a record drop in the company’s history). According to Lightstream Research analyst Mio Kato, “this is the beginning of the end for the current mobile gaming business model.” He also noted that this move could force other countries to take similar measures against mobile games. Got a story you’d like to share? Reach us at [email protected] source January 9, 2024 admin Uncategorized A Cash Kart Proudly powered by WordPress China approves 105 games india China approves 105 games Delhi China approves 105 games Bengaluru China approves 105 games Ahmedabad China approves 105 games Hyderabad China approves 105 games Chennai China approves 105 games Kolkata China approves 105 games Pune China approves 105 games Jaipur China approves 105 games Surat China approves 105 games Lucknow China approves 105 games Kanpur China approves 105 games Nagpur China approves 105 games Patna China approves 105 games Indore China approves 105 games Thane China approves 105 games Bhopal China approves 105 games Visakhapatnam China approves 105 games Vadodara China approves 105 games Firozabad China approves 105 games Ludhiana China approves 105 games Rajkot China approves 105 games Agra China approves 105 games Siliguri China approves 105 games Nashik China approves 105 games Faridabad China approves 105 games Patiala China approves 105 games Meerut China approves 105 games Kalyan-Dombivali China approves 105 games Vasai-Virar China approves 105 games Varanasi China approves 105 games Srinagar China approves 105 games Dhanbad China approves 105 games Jodhpur China approves 105 games Amritsar China approves 105 games Raipur China approves 105 games Allahabad China approves 105 games Coimbatore China approves 105 games Jabalpur China approves 105 games Gwalior China approves 105 games Vijayawada China approves 105 games Madurai China approves 105 games Guwahati China approves 105 games Chandigarh China approves 105 games Hubli-Dharwad China approves 105 games Amroha China approves 105 games Moradabad China approves 105 games Gurgaon China approves 105 games Aligarh China approves 105 games Solapur China approves 105 games Ranchi China approves 105 games Jalandhar China approves 105 games Tiruchirappalli China approves 105 games Bhubaneswar China approves 105 games Salem China approves 105 games Warangal China approves 105 games Mira-Bhayandar China approves 105 games Thiruvananthapuram China approves 105 games Bhiwandi China approves 105 games Saharanpur China approves 105 games Guntur China approves 105 games Amravati China approves 105 games Bikaner China approves 105 games Noida China approves 105 games Jamshedpur China approves 105 games Bhilai Nagar China approves 105 games Cuttack China approves 105 games Kochi China approves 105 games Udaipur China approves 105 games Bhavnagar China approves 105 games Dehradun China approves 105 games Asansol China approves 105 games Nanded-Waghala China approves 105 games Ajmer China approves 105 games Jamnagar China approves 105 games Ujjain China approves 105 games Sangli China approves 105 games Loni China approves 105 games Jhansi China approves 105 games Pondicherry China approves 105 games Nellore China approves 105 games Jammu China approves 105 games Belagavi China approves 105 games Raurkela China approves 105 games Mangaluru China approves 105 games Tirunelveli China approves 105 games Malegaon China approves 105 games Gaya China approves 105 games Tiruppur China approves 105 games Davanagere China approves 105 games Kozhikode China approves 105 games Akola China approves 105 games Kurnool China approves 105 games Bokaro Steel City China approves 105 games Rajahmundry China approves 105 games Ballari China approves 105 games Agartala China approves 105 games Bhagalpur China approves 105 games Latur China approves 105 games Dhule China approves 105 games Korba China approves 105 games Bhilwara China approves 105 games Brahmapur China approves 105 games Mysore China approves 105 games Muzaffarpur China approves 105 games Ahmednagar China approves 105 games Kollam China approves 105 games Raghunathganj China approves 105 games Bilaspur China approves 105 games Shahjahanpur China approves 105 games Thrissur China approves 105 games Alwar China approves 105 games Kakinada China approves 105 games Nizamabad China approves 105 games Sagar China approves 105 games Tumkur China approves 105 games Hisar China approves 105 games Rohtak China approves 105 games Panipat China approves 105 games Darbhanga China approves 105 games Kharagpur China approves 105 games Aizawl China approves 105 games Ichalkaranji China approves 105 games Tirupati China approves 105 games Karnal China approves 105 games Bathinda China approves 105 games Rampur China approves 105 games Shivamogga China approves 105 games Ratlam China approves 105 games Modinagar China approves 105 games Durg China approves 105 games Shillong China approves 105 games Imphal China approves 105 games Hapur China approves 105 games Ranipet China approves 105 games Anantapur China approves 105 games Arrah China approves 105 games Karimnagar China approves 105 games Parbhani China approves 105 games Etawah A Cash Kart Edit site Customize New Edit Post SEOFocus keyphrase not set Howdy, admin Log OutSkip to content A Cash Kart China approves 105 games after recently announced restrictions sent Tencent and NetEase shares tumbling – Game World Observer China continues to put pressure on the country’s games industry by proposing a new set of restrictive regulations. However, the government has already approved a new batch of video games, also saying it is open to feedback from local companies. China approves 105 new domestic games, including NetEase's extraction shooter Firefly Assault Firefly Assault On December 22, the National Press and Public Administration (NPPA) published a draft set of rules aimed at curbing practices that encourage players to spend more money and time on online games. Below are the key proposals (via Reuters): “The removal of these incentives is likely to reduce daily active users and in-app revenue, and could eventually force publishers to fundamentally overhaul their game design and monetisation strategies,” Morningstar analyst Ivan Su told Reuters. The NPPA is now seeking feedback from Chinese game companies by January 222, 2024. As a result, the country’s tech giants lost roughly $80 billion in market value on Friday. Tencent saw its shares plunge 16% (the biggest drop since 2008), while NetEase shares fell 28% (a record drop in the company’s history). According to Lightstream Research analyst Mio Kato, “this is the beginning of the end for the current mobile gaming business model.” He also noted that this move could force other countries to take similar measures against mobile games. Got a story you’d like to share? Reach us at [email protected] source January 9, 2024 admin Uncategorized A Cash Kart Proudly powered by WordPress China approves 105 games india China approves 105 games Delhi China approves 105 games Bengaluru China approves 105 games Ahmedabad China approves 105 games Hyderabad China approves 105 games Chennai China approves 105 games Kolkata China approves 105 games Pune China approves 105 games Jaipur China approves 105 games Surat China approves 105 games Lucknow China approves 105 games Kanpur China approves 105 games Nagpur China approves 105 games Patna China approves 105 games Indore China approves 105 games Thane China approves 105 games Bhopal China approves 105 games Visakhapatnam China approves 105 games Vadodara China approves 105 games Firozabad China approves 105 games Ludhiana China approves 105 games Rajkot China approves 105 games Agra China approves 105 games Siliguri China approves 105 games Nashik China approves 105 games Faridabad China approves 105 games Patiala China approves 105 games Meerut China approves 105 games Kalyan-Dombivali China approves 105 games Vasai-Virar China approves 105 games Varanasi China approves 105 games Srinagar China approves 105 games Dhanbad China approves 105 games Jodhpur China approves 105 games Amritsar China approves 105 games Raipur China approves 105 games Allahabad China approves 105 games Coimbatore China approves 105 games Jabalpur China approves 105 games Gwalior China approves 105 games Vijayawada China approves 105 games Madurai China approves 105 games Guwahati China approves 105 games Chandigarh China approves 105 games Hubli-Dharwad China approves 105 games Amroha China approves 105 games Moradabad China approves 105 games Gurgaon China approves 105 games Aligarh China approves 105 games Solapur China approves 105 games Ranchi China approves 105 games Jalandhar China approves 105 games Tiruchirappalli China approves 105 games Bhubaneswar China approves 105 games Salem China approves 105 games Warangal China approves 105 games Mira-Bhayandar China approves 105 games Thiruvananthapuram China approves 105 games Bhiwandi China approves 105 games Saharanpur China approves 105 games Guntur China approves 105 games Amravati China approves 105 games Bikaner China approves 105 games Noida China approves 105 games Jamshedpur China approves 105 games Bhilai Nagar China approves 105 games Cuttack China approves 105 games Kochi China approves 105 games Udaipur China approves 105 games Bhavnagar China approves 105 games Dehradun China approves 105 games Asansol China approves 105 games Nanded-Waghala China approves 105 games Ajmer China approves 105 games Jamnagar China approves 105 games Ujjain China approves 105 games Sangli China approves 105 games Loni China approves 105 games Jhansi China approves 105 games Pondicherry China approves 105 games Nellore China approves 105 games Jammu China approves 105 games Belagavi China approves 105 games Raurkela China approves 105 games Mangaluru China approves 105 games Tirunelveli China approves 105 games Malegaon China approves 105 games Gaya China approves 105 games Tiruppur China approves 105 games Davanagere China approves 105 games Kozhikode China approves 105 games Akola China approves 105 games Kurnool China approves 105 games Bokaro Steel City China approves 105 games Rajahmundry China approves 105 games Ballari China approves 105 games Agartala China approves 105 games Bhagalpur China approves 105 games Latur China approves 105 games Dhule China approves 105 games Korba China approves 105 games Bhilwara China approves 105 games Brahmapur China approves 105 games Mysore China approves 105 games Muzaffarpur China approves 105 games Ahmednagar China approves 105 games Kollam China approves 105 games Raghunathganj China approves 105 games Bilaspur China approves 105 games Shahjahanpur China approves 105 games Thrissur China approves 105 games Alwar China approves 105 games Kakinada China approves 105 games Nizamabad China approves 105 games Sagar China approves 105 games Tumkur China approves 105 games Hisar China approves 105 games Rohtak China approves 105 games Panipat China approves 105 games Darbhanga China approves 105 games Kharagpur China approves 105 games Aizawl China approves 105 games Ichalkaranji China approves 105 games Tirupati China approves 105 games Karnal China approves 105 games Bathinda China approves 105 games Rampur China approves 105 games Shivamogga China approves 105 games Ratlam China approves 105 games Modinagar China approves 105 games Durg China approves 105 games Shillong China approves 105 games Imphal China approves 105 games Hapur China approves 105 games Ranipet China approves 105 games Anantapur China approves 105 games Arrah China approves 105 games Karimnagar China approves 105 games Parbhani China approves 105 games Etawah