China Lifted Ban on Game ConsolesAdded: Monday, January 13th, 2014
Category: Bit Torrent Freedom > The Industries Of Records, Gaming, Software, Movies
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, 2013, www.extratorrent.cc
The country has lifted a 13-year ban on foreign games consoles and home entertainment systems, thus reversing a 2000 decision to ban gaming. Now the government decided, for a trial period, to allow games consoles to be made within Shanghai’s free trade zone and then to be sold within the country, subject to standard local inspections on multimedia products.
China has issued an official statement confirming the decision as an attempt to temporarily adjust relevant regulations and explore the experience of reform and opening. Apparently, the move in question opens the huge market for major foreign games console makers – Microsoft, Sony and Nintendo. At the moment, video games in China are worth $13bn annually.
In the meantime, the announcement neither specified a timeframe for the experiment nor explained why the government changed its decision about policy, but the move seems to be in line with wider economic reforms and liberalization in the country over recent years.
Maybe the move was determined by the illegal trade in video games, which continues to thrive across China despite government attempts to restrict it. Thanks to the long-running ban on consoles, PC gaming is currently dominating as much as 2/3 of the games market, but there’s still a vibrant market in illegal consoles.
China first announced the intention to relax trade restrictions in 2013, making it part of a longer process and perhaps little more than just a formality. In should be noted that the reference to specific areas of trade is important for foreign companies, which are primed to start doing business as soon as Chinese state has finished unpicking complex bans and restrictions.
Local experts also point out that video games themselves are very symbolic, as well as their significance as a commodity and an entertainment source in China. So, the free trade of such games and consoles would mean that China is ready to make a profound step toward its globalization both economically and culturally.
January 13th,2014Posted by:
Monday, January 13th, 2014
|Lifting the ban is a bad decision.Doing that means all the kids and young adults in China will just sit in their house all day playing games and chatting online.It's because of the social network and console ban china was a good place and everybody socialized outside but doing this is a bad move.|
|posted by (2014-01-13 23:09:34)|
|LMFAO really? Since they all are made there already..|
How many have gone out the back door into the back market already?
|posted by (2014-01-14 03:39:00)|
|@crazymichael, You know nothing of China then.|
|Lol man its nice to see China dummy down a little bit to make Us Americans feel superior once again lmfao|
|It is more complex as Japan is a rival to China, Japan's new leader honored the war dead - they committed serious war crimes in China in WW2 - even Hitler said take it easy to Japan. Japan is Sony - Japan is Nintendo.|
There is a another reason, it is called collective reasoning experiments. Remember the 5 year plan - they like big experiments in Social Life.
|Although the two Japanese gaming console manufactures got interviewed, I think Microsoft would be the biggest beneficiary here considering the culture of hating-Japanese hanging around China right now. Not only American auto makers are in general out selling Toyota/Honda, so does German auto makers.||
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