BEIJING – China's video games regulator granted publishing licences to 45 foreign games for release in the country，including seven South Korean games, further lifting rigid curbs that have hammered the industry for 18 months. South Korean gaming stocks, including Netmarble Corp, NCSoft, Krafton, Kakao Games and Devsisters jumped between 2 per cent and over 17 per cent in morning trade...
Pokemon games are seen on sale in a GameStop in Manhattan, New York, on Dec 7, 2021.BEIJING – China's video games regulator granted publishing licences to 45 foreign games for release in the country，including seven South Korean games, further lifting rigid curbs that have hammered the industry for 18 months.
The regulator also approved 84 domestic games for the month of December, according to a separate list released on Wednesday. Unlike in most other countries, video games need approval from regulators before release in China, the world's largest gaming market. Tencent only received its first commercial game licence in over a year-and-a-half last month, which was seen then as an important signal towards policy normalisation for the industry.
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