China approves 60 new games, sparking hopes tech crackdown is ending

China’s National Press and Publication Administration said on June 7 it had approved 60 new games, following the year’s first batch of approvals in April. — Reuters

BEIJING: China has approved the release of dozens of new video games, boosting the shares of some of its biggest tech firms on June 8 on hopes that a long-running and painful crackdown on the sector is easing.

The announcement follows a report in The Wall Street Journal on June 6 that said regulators were wrapping up their investigation into ride-hailing giant Didi and will allow it to register new users.