China seeks to curtail spending in online games ...Middle East

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China seeks to curtail spending in online games
China has announced new rules to limit the encouragement of spending in online video games, spooking investors in two of the world's biggest publishers. News of the limits wiped a combined ~$80bn from the value of Tencent and NetEase, China's two main games publishers that now support or part-own many of the world's biggest games companies. Chinese online video games will now no longer be able to offer an extra incentive to spend in a game for the first time, or for spending repeatedly, Reuters reported. Read more

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