China bans foreign investments in games

October 14th, 2009 Posted in Business, Industry, Software

CB013130Following the ban of dozens of online games, the Chinese communist regime has bannedall foreign investments in games, whether they are through joint-ventures with Chinese firms, or wholly owned companies. The Chinese General Administration of Press and Publication, which put in the ban, estimates that the Chinese online game market is worth $4 billion annually. No reason to give parts of that to pesky foreigners, apparently. What’s even more ludicrous, is that foreign technology companies are banned from even exporting their tech to China, for instance, game engine makers. So if you were looking for some Unreal Engine 3 powered Chinese games, you’re outta luck.

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