Caixin
Sep 02, 2022 08:37 PM
BUSINESS

In Depth: Chinese Game Companies Hope to Rack Up High Scores Overseas

Chinese gaming firm Perfect World participated in a digital entertainment event in Shanghai on July 30, 2021. Photo: VCG
Chinese gaming firm Perfect World participated in a digital entertainment event in Shanghai on July 30, 2021. Photo: VCG

It’s been a bitter year for China’s video game studios.

Their key home market has chilled, as tougher regulation and a sluggish economy led sales to drop 1.8% year-on-year in the first half to 147.8 billion yuan ($21.4 billion).

The games have gotten a warmer reception overseas, where revenue for China-developed games rose 6.2% in the period. But that was down from growth of 11.6% in the first half of 2021.

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