Tech Giant Tencent Caught in Chinese Regulatory Trap

听路边社消息称,有某位领导人说游戏误国。

总之,对腾讯和网易来说是非常糟糕的消息。

The National Radio and Television Administration hasn’t approved new games since March, part of a restructuring of the regulatory agencies that oversee the industry, analysts said.

Neither agency responded to requests for comment Wednesday.

Regulators are “still in a power transition period which makes it a little bit unclear who should be responsible for game approval at this stage,” said Shawn Yang, executive director of Blue Lotus Capital Advisors. “Everything has stopped for about five months.”

Source: Tech Giant Tencent Caught in Chinese Regulatory Trap – WSJ