A little more about the Celestial Empire. The National Administration for Press and Publications of China has not issued a single gaming license for October. For the first time since July.

This is reported by the South China Morning Post. The publication also notes that after the end of the eight-month freeze in April 2022 (in issuing licenses), market participants hoped for normalization of the process.

And indeed, from June to September, 269 games received publication permits (while Tencent apparently fell into disgrace, since it was granted only one license during this period, and even then not for a blockbuster).

Now market participants are once again in a suspended situation. It is unclear what the pause in the issuance is connected with, nor how long it will last.

All this is happening against the backdrop of the recession of the Chinese video game market. For the first time in 20 years, its indicators in real terms are falling, not growing.

Tags: