BusinessWorld
August 5, 2021 | 12:03 am
Economic Information Daily cited Tencentâs
Honor of Kings in an article in which it said minors were addicted to online games and called for more curbs on the industry. The outlet is affiliated with Chinaâs biggest state-run news agency, Xinhua.
The broadside re-ignited investor fears about state intervention after Beijing had already targeted the property, education and technology sectors to curb cost pressures and reassert the primacy of socialism after years of runaway market growth.
âThey donât believe anything is off limit and will react, sometimes overreact, to anything on state media that fits the tech crackdown narrative,â said Ether Yin, partner at Trivium, a Beijing-based consultancy.
Should Video Games Be Curbed? chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
August 04, 2021
published at 1:48 AMReuters
Visitors are seen at the Tencent Games booth during the China Digital Entertainment Expo and Conference, also known as ChinaJoy, in Shanghai, China, on July 30, 2021.
Reuters
SHANGHAI - China s Tencent Holdings Ltd said on Tuesday (Aug 3) it would further curb minors access to its flagship video game, hours after its shares were battered by a state media article that described online games as spiritual opium .
Economic Information Daily cited Tencent s Honor of Kings in an article in which it said minors were addicted to online games and called for more curbs on the industry. The outlet is affiliated with China s biggest state-run news agency, Xinhua.
China calls online games electronic drugs rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.
China s Tencent Vows Fresh Gaming Curbs After Spiritual Opium Report ndtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ndtv.com Daily Mail and Mail on Sunday newspapers.