China temporarily lifts ban on sale of foreign games consoles
BEIJING Jan 7 (Reuters) - China's State Council has temporarily lifted a ban on the sale of foreign games consoles, paving the way for firms like Sony Corp, Microsoft Corp and Nintendo Co Ltd to enter a multi-billion dollar video game market.
The suspension of the 14-year-old ban permits "foreign-invested enterprises" to make games consoles within Shanghai's free trade zone and sell them in China, providing they gain government approval, the government said in a statement posted on its website on Monday.
The statement gave no further details.
- Tweet this
- Share this
- Digg this
- Maker of U.S. highway guardrails stops shipments over safety concerns
- São Paulo running out of water as rain-making Amazon vanishes
- Woman isolated in NJ under Ebola rules tests negative
- Google's Pichai to oversee major products and services
- India picks Israel's Spike anti-tank missile over U.S. Javelin - source