Tencent, Netease Win New Game Approvals After Months of Freeze

Tencent has been facing a freeze in game approvals for over nine months, but recently got two educational games approved. However, their popular titles like Pub G and Fortnite are still awaiting approval, affecting their monetization. Netease faces similar challenges with its Battle Royale games, which are sensitive for regulators due to violence concerns. This regulatory environment is impacting the global gaming industry, with China's gaming revenue growth slowing to 5% last year, a significant drop from previous years. Despite this, firms like Goldman Sachs remain optimistic.

What recent development has occurred for Tencent after a nine-month freeze?

• Launch of a new gaming console

• Partnership with Netease

• Approval of two educational games

• Approval of Pub G and Fortnite

Why are Tencent and Netease's popular games facing regulatory challenges?

• They are too expensive for players

• They lack educational value

• They are Battle Royale games with violent content

• They contain excessive advertising

What is the main concern of regulators regarding Battle Royale games?

• Violence and gore

• High cost of development

• Lack of multiplayer options

• Poor graphics quality

How has the gaming revenue growth in China changed recently?

• It has grown by only 5%

• It has remained stable

• It has increased by 20%

• It has decreased by 10%

What is the outlook of some analysts on the global gaming industry despite the slowdown?

• They think it will remain stagnant

• They are pessimistic about future growth

• They believe it will continue to decline

• They remain optimistic about its potential