China eases restrictions on gaming sector after $80 billion loss

China has adopted 105 domestic games in the latest indication that Beijing is easing its approach after its move to tighten restrictions on the sector resulted in a loss of $80 billion last week.

The games included those operated by Tencent Holdings and NetEase, two prominent publishers of the games in China, which recorded losses due to Beijing’s new rules.

In a publication on WeChat, reposted by the official Xinhua News Agency, an association of the sector explained that these approvals reveal that Chinese authorities support the development of internet games.

Fears that Chinese officials will begin another round of crackdowns on the technology sector have been renewed after the National Printing and Publishing Regulatory Authority announced new rules to limit the development of internet games, including an indefinite cap on spending by adult players.

Additional restrictions include a ban on rewards for frequent logins and forced downloads between players, and even a ban on content that violates national security.