By Mark Schaub and David Hong King&WoodMallesons’ Foreign Direct Investment Group
As we explored in our February 2014 article, “Free Trade Zone has Silver Lining for Gaming Companies,” China has loosened its ban on the sale of video game consoles and games to domestic consumers. Under new policies of the Shanghai Free Trade Zone, video game manufacturers will be allowed to produce both consoles and games for sale to Chinese consumers for the first time since 2000.
This relaxation of the ban does not mean that controversial games like Grand Theft Auto will be released in China anytime soon. New regulations were released on April 21, 2014 which describe the approval process for video game manufacturers and also the categories of video game content that remains off limits.
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