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 is the potential impact of the freeze on the global gaming industry?

How has the gaming revenue growth in China changed compared to previous years?