China suspends approval of new online games – SCMP

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September 9 (Reuters)China has temporarily suspended approval of all new online games in an effort to tackle gambling addiction among young people, South The China Morning Post reported Thursday citing people with knowledge of the matter.

decision was revealed at a meeting between Chinese authorities and industry giants Tencent Holdings Ltd 0700.HK and NetEase Inc 9999.HK, the report said, adding that it was not clear how long the suspension would last.

Beijing Wednesday had summoned game companies including Tencent and NetEase.

Tencent declined to comment. NetEase did not immediately respond to Reuters’ request for comment.

China moved in August to ban people under 18 from playing video games for more than three hours a week, saying it was necessary for sidewalk a growing addiction to what he once described as “spiritual opium”.

China has waged a massive crackdown on a wide range of sectors, including technology, education and real estate, to strengthen government control after years of soaring growth.

(Report by Anirudh Saligrama in Bengaluru, edited by Raissa Kasolowsky and John Stonestreet)

((Anirudh.Saligrama@thomsonreuters.com;))

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