China Bans Foreign Investors from Online Games [Updated]

Bad news for Chinese entrepreneurs and the international investors who want to support them: The Chinese government has “banned foreign investors from operating online games ‘in any form’ in the country,” according to state-run media.

The rationale is being vaguely described as bringing games in line that were offering somehow illegal content. “The new rule is a good beginning in approving the online games in accordance with laws and will be conducive to the regulation of online gaming businesses,” said Kou Xiaowei, vice director of China’s General Administration of Press and Publication’s technological and digital department.

That

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