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Tech Crackdown

Change of heart after Tencent crash

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Published: January 4th, 2024,
Last updated: May 30th, 2025

Tencent’s proposed measures may have improved the protection of minors, but they caused a severe crash on the stock market.
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Beijing has performed a remarkable U-turn, providing a glimmer of hope for China’s ailing internet industry. This week, apparently in response to massive criticism of significantly stricter regulations for online games, a top supervisor had to resign. As reported by Reuters and the South China Morning Post, citing sources familiar with the matter, Feng Shixin is no longer head of the publishing department at the Chinese Ministry of Propaganda, which is also responsible for regulating online games.

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Tencent Games Tech Crackdown