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Video game console makers still face hurdles after China lifts ban – economy

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3 years ago

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It is not clear exactly how video game console makers will benefit from China temporarily lifting a…

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http://www.euronews.com/2014/01/08/video-game-console-makers-still-face-hurdles-after-china-lifts-ban
It is not clear exactly how video game console makers will benefit from China temporarily lifting a ban on selling them.

It was imposed 14 years ago by the government to protect young people from corrupting influences.

It did not work, instead they play online and personal computer games, making China the world’s third-largest gaming market in terms of revenue.

But it did mean a whole generation grew up without a Wii, PlayStation or Xbox.

Imports remain banned, but China’s ruling State Council said it might allow consoles to be made in the Shanghai free-trade zone.

Nintendo, Sony and Microsoft would have to partner with Chinese firms in joint ventures.

But even if they can make consoles in China, they face the additional problem that many young Chinese gamers do not earn enough to buy the consoles that are popular elsewhere in Asia and around the world.

More than 70 percent of Chinese gamers earn less than 4,000 yuan (486 euros) a month, according to Hong Kong-based brokerage CLSA, less than the price of a new Xbox One in Europe.

Another possible hurdle is the availability of illegal consoles, which are modified to run pirated games.

Shares in Nintendo did jump as much as 7.5 percent to a two and a half-year high on the news even as a Nintendo spokesman said the company was still unsure what the opportunities were in China.

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French billionaire Olivier Bouygues on trial in illegal hunting case

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October 26, 2026

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Illegal hunting of protected species trial opens in Orléans against French billionaire Olivier Bouygues

If found guilty, the French billionaire, worth close to €3.2 billion, and the other defendants face up to seven years in prison in the landmark case, unprecedented in French history.

READ MORE : http://www.euronews.com/2026/09/07/illegal-hunting-of-protected-species-trial-opens-in-orleans-against-french-billionaire-oli

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Spire collapses at historic Limoges town hall amid violent protests across France

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3 hours ago

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October 26, 2026

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Spire collapses at historic Limoges town hall amid violent protests across France

Major protests taking place across France on Saturday turned violent in a number of parts of the country as demonstrators clashed with police. Authorities said around 550,000 people took part in the protests nationwide.

READ MORE : http://www.euronews.com/2026/10/18/spire-collapses-at-historic-limoges-town-hall-amid-violent-protests-across-france

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Solving Brussels’ Drug Problem

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October 26, 2026

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Should authorities focus on the social aspects or the criminal elements of Brussels’ drug problem?

The City of Brussels Mayor, Philippe Close, and an MP from the Brussels regional parliament Mathias Vaden Borre debate this on #TheRIng.

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Pope Leo XIV celebrates Mass as recovery from cancer surgery progresses

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October 26, 2026

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Pope Leo XIV celebrates Mass as recovery from cancer surgery progresses

Vatican Media has released the first images of Pope Leo XIV since his hospitalisation, showing him celebrating Mass at Rome’s Gemelli Hospital as he recovers from lung cancer surgery.

READ MORE : http://www.euronews.com/2026/10/16/pope-leo-xiv-celebrates-mass-as-recovery-from-cancer-surgery-progresses

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Australia police say man charged after lawmaker Helen Haines deliberately hit by car

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6 hours ago

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October 26, 2026

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Australia police say man charged after lawmaker Helen Haines deliberately hit by car

Haines was hit by a Toyota Land Cruiser outside her office in the town of Wangaratta, just over 200 kilometres northeast of Melbourne, at around 0635 CET on Monday.

READ MORE : http://www.euronews.com/2026/10/20/australian-prime-minister-says-lawmaker-critically-injured-by-car-is-no-accident

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