The news: On Tuesday, China approved a slew of video game titles, injecting some vigor into its tech sector.
What it means: The game greenlighting indicates a partial return to normalcy for the country that leads the world in gaming revenue. Beijing’s easing of its hardline gaming stance has helped revive its languishing tech sector.
The bigger picture: The game approvals are part of a recent trend of China officials easing regulations. While it bodes well for the economy, the outlook for the country’s gaming industry is uncertain.
11 Times SquareNew York, NY 100361-800-405-0844