China IS Lifting Videogame Console Ban

China IS Lifting Videogame Console Ban

 At 07/01/14 in international tech news: Beijing has decided to lift China's ban on foreign videogame consoles -- at least partially.

 China will temporarily lift a sales ban on foreign videogame consoles, according to China's State Council, reversing a 14-year prohibition.

 Companies like Sony, Microsoft and Nintendo -- which long have salivated over the heretofore obstructed gold mine of Chinese videogamedom -- will be allowed to make game consoles in Shanghai's free trade zone and then sell them in China.

 The free trade zone is something of an experiment for Chinese authorities. They also lifted online bans there on Facebook, Twitter, The New York Times and other previously blocked sites.


 China's plan to scrap its embargo on foreign videogame consoles surfaced last January in reports by many outlets, including The China Daily. The fact that a Beijing mouthpiece would say it was true lent credence to the rumor. Stock prices for Sony and Nintendo accordingly darted north. Within days, however, Chinese authorities shot down the report, confirming that the ban would stay in place.

 It is not clear how long the new videogame consoles will be permitted in the country.
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 source: technewsworld.com