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The Guardian - UK
The Guardian - UK
World
Amy Hawkins, Senior China correspondent

Chinese gaming sector in turmoil as regulators announce new proposals

Tencent NetEase
Shares in Tencent fell by more than 12% on Friday.
Shares in Tencent fell by more than 12% on Friday. Photograph: Costfoto/NurPhoto/Rex/Shutterstock

China’s $45bn (£31.3bn) gaming industry has been dealt a blow by proposals to limit the time and money spent on the sector.

New rules including spending limits for online games, a ban on games from rewarding players for logging in every day and a ban on lucky draw features from being offered to minors were announced by regulators last week, sparking panic among investors.

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