Chinese Communist Party

China Denies Approval for New Online Games, Rocking Global Industry

The South China Morning Post (SCMP) reported on Thursday that Chinese regulators will not approve any new online games for at least a month, following a month in which approval has been granted very slowly. The news caused gaming industry stocks to slide in markets around the world, as investors feared losing access to the immense Chinese market.

This photo taken on January 29, 2018 shows students practicing computer games in an eSports class at the Lanxiang technical school in Jinan, in China's eastern Shandong province. - Most teachers would not be impressed to discover a student playing video games in their class. But at a school in …