Technology News

Chinese Tech Titans are Snapping Up Gaming Studios

Although the U.S. and Japan were dominating the gaming spaces for decades, the latest news shows that China’s influence is growing. Chinese tech giants snap up gaming studios across the world.

According to some experts, video games could look a little different in the following years as a result.

Experts are wondering whether the Chinese owners of U.S. and European studios will influence the games they make. Remarkably, they might use them to promote Chinese values. They announced that subtle changes could occur in the following years.

According to Lu-Hai Liang, a British-Chinese writer, some values may be different than anticipated. Liang added that Chinese female gamers are a massive market (500 million). He said there have been many games and game studios for women that revel in this sector.

As we know, the country’s gaming market became heavily regulated. The country doesn’t allow games that involve certain political views, gambling, gore, nudity and many other things to be released and sold. Meanwhile, the movie industry is equally strict. U.S. films must become adapted before they are released in China.

Abishur Prakash, co-founder of the Center for Innovating the Future, it is incredibly important for China to identify how to use games to export its culture.

Related Post

China has several ways to build a new kind of global power through games

Prakash added that the country has several ways to build a new kind of global power through games. He announced that China should ban certain topics, like Taiwan or human rights, from being discussed.

Asian giant could also establish new centres within games that help showcase China’s power or use games to build its financial and commercial power. Meanwhile, the next Chinese games might only allow users to buy items in digital Yuan.

Notably, Tencent and NetEase have been snapping up stakes in gaming companies beyond China’s borders for years with little opposition.

Moreover, for years, Hollywood has spread U.S. values worldwide and championed its military might. Now China should try to do the same but through video games. As we know, Hollywood often criticizes the U.S. and the actions of Washington D.C. However, China’s tech companies would not be able to say a bad word against Beijing. Remarkably, Beijing exercises great control over all of its domestic enterprises.

The Asian giant, China, has more gamers than any other country. This is making it an extremely lucrative market for those that can get in. One of the reasons that U.S. and European gaming firms take investment from Chinese firms is that they’re legally obliged to partner with a Chinese firm before their game can be released in the country.

User Review
0 (0 votes)

Recent Posts

  • Technology News

Tesla Withdraws Next-Gen Gigacasting Manufacturing Process

Tesla has reportedly retreated from its ambitious plan for innovations in gigacasting its developing manufacturing…

16 hours ago
  • Broker News

Dukascopy Sees Dip in 2023 Profits, Netting CHF 1.3 Million

Dukascopy Bank SA noted a net profit of CHF 1.3 million last year amidst market…

17 hours ago
  • Commodity News

Cocoa Crashes as Traders Delay Purchases from West Africa

On Wednesday, cocoa prices plunged after a liquidity crunch forced traders and speculators to postpone…

19 hours ago
  • Stock News

Woolworths Stock Hits 4-Year Low on Cautious Customer Buying

Shares in Woolworths Group Ltd. hit a four-year low on Thursday as the Australian grocer…

21 hours ago
  • Stock News

Financial Markets in October: Dow Up, S&P and Nasdaq Down

Quick Overview Dow Jones increased by 0.23%, while S&P 500 and Nasdaq saw declines, reflecting…

2 days ago
  • Technology News

Amazon Expands AI Enterprise with Chatbot Q Launch

Amazon has expanded its artificial intelligence (AI) enterprise with the launch of its chatbot Q,…

2 days ago

This website uses cookies.