With increasing negative impact of games on kids, China will limit the amount of time children can play video games to just three hours most weeks. While this might be a good thing for kids in China, it is not well received by the markets following the dramatic escalation of restrictions which dealt a blow to the world’s largest mobile gaming market, as Beijing signaled it would continue a campaign to control the expansion of large tech companies.
Gaming platforms from Tencent Holdings Ltd. to NetEase Inc. can only offer online gaming to minors from 8 p.m. to 9 p.m. on Fridays, weekends and public holidays, state news agency Xinhua reported, citing a notice by the National Press and Publication Administration. The new rules are a major step up from a previous restriction set in 2019 of 1.5 daily hours most days.
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