Great News For Gaming Companies Eyeing China As It Relaxes Approval Of Imported Games

China's online game regulator approved 45 foreign video game licenses, further easing regulatory curbs on the afflicted industry.
The National Press and Publication Administration 45 imported online games, including Nintendo Co, Ltd's NTDOF NTDOY "Pokémon Unite" and CD Projekt SA's OTGLY OTGLF "Gwent: The Witcher Card Game," Reuters reports.
China approved 84 domestic games for December.
Also Read: Sony Amplifies Gaming Rivalry With Microsoft In China
Beijing's crackdown on the video games industry began last August.
Regulators resumed issuing game licenses to homegrown games in April, and the approval of foreign games was the last regulatory curb.
Beijing's year-long crackdown on the industry has dealt a significant blow to Chinese tech companies, including Tencent Holding Ltd TCEHY and NetEase, Inc NTES.
Pokémon Unite, co-created by Nintendo and Tencent, surpassed 50 million downloads by the end of last December after its release on the Nintendo Switch outside of China in July last year.
Price Action: NTES shares traded higher by 0.90% at $73.80 premarket on the last check Wednesday.