The Chinese video game scene was recently shaken by a major event affecting the giants Tencent And NetEase. The combined stock market value of these two behemoths fell by $80 billion, following government discussions on the possible ban of the systems of gacha for minors. These deliberations also included proposals to limit microtransactions.
In this turbulent context, Reuters reported that Feng Shixin, occupying a key position in the public video game publishing department, was fired. This decision could signal a setback in the adoption of the planned law, leaving doubt about its future. Five separate sources confirmed to Reuters that the dismissal of Feng Shixin was directly linked to these developments.
China, for three years, has demonstrated a firm desire to limit young people’s addiction to video games and social networks, with laws already in place to restrict playing time. However, the country is faced with a dilemma, because The video game industry generates tens of billions of dollars annually.
