1 year 8 months ago
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At a glance:
The Chinese video games market is expected to shrink for the first time in two decades, due to a combination of mobile spending decline, increasingly restrictive regulations and more.
That's according to analysis and research firm Niko Partners, which revised its April 2022 forecast for the market. Previously projecting "very low growth," the company now estimates China's domestic gaming revenues will drop 2.5% year-on-year to $45.44 billion.