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China Business & Economy

CCP Issues Contradictory Policies on Chinese Gaming Industry, Causing Sharp Stock Market Fluctuations

Experts say it’s for the regime’s ideological control and political and military purposes.
CCP Issues Contradictory Policies on Chinese Gaming Industry, Causing Sharp Stock Market Fluctuations
Students play video games on their phones as they wait at an intersection during rush hour in Beijing, China, on Nov. 15, 2023. Kevin Frayer/Getty Images
Alex Wu
12/31/2023|Updated: 1/1/2024
0:00

The Chinese communist regime has sent mixed signals by issuing contradictory policies within less than two weeks to regulate China’s $42 billion domestic online video gaming industry, causing stock market fluctuations.

Experts have pointed out that the flurry of policies are for the ruling communist party’s political control and potential military purposes.

Alex Wu
Alex Wu
Author
Alex Wu is a U.S.-based writer for The Epoch Times focusing on Chinese society, Chinese culture, human rights, and international relations.
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