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China shuts the doors to foreign operators
October 15, 2009, 10:19 am (2 years ago)China’s online video gaming business supervisory body, the General Administration of Press and Publication, has successfully prohibited all foreign involvement in the enormous Chinese market, a target of significant possibility for a lot of motivated Internet gambling operators.
The news broke Monday on the Wall Street Journal blog, which reported that the regulators have prohibited foreign investment in the domestic online gaming business, together with prohibitions on foreign venture in China’s online game operations via entirely-foreign owned enterprises, joint ventures and cooperatives.
Automatic Translation
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