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Subject: Prices aren't dropping anytime soon,
Replies: 8 Views: 2374

mok214 7.01.14 - 12:39pm
If you are waiting for prices to drop before buying that new console. In fact, there may be a shortage.

The Chinese government has temporarily lifted a ban on selling foreign video games consoles, paving the way for firms such as Sony, Nintendo and Microsoft to enter a lucrative market.

China banned gaming consoles in 2000, citing their adverse effect on the mental health of young people.

A grey market in the sale of consoles has continued in the country.

But, partly as a result of the ban, PC gaming dominates - capturing two-thirds of the 13bn (8bn) market.

In a statement, the government said that it would allow foreign firms to make consoles within Shanghai's free trade zone and sell them in China after inspection by cultural departments.

But China's State Council did not say how long the suspension would last.

In response to the news, Sony said: We recognise that China is a promising market. We will continuously study the possibility, but there is no concrete plan at this stage. * +

popcap 7.01.14 - 12:53pm
MMO (massively multiplayer online) games are popular * +

guillium 7.01.14 - 01:06pm
Yes, but under the deal the 'legit' consoles have to be made in the Shanghai free-trade zone.... So it might not impact manufacturing for other territories * +

mok214 7.01.14 - 03:00pm
I don't really think the free trade zone restrictions are going to make a difference. I imagine that there will be a lot of used and new consoles bought up from around the world and imported into China with a healthy gratuity paid to the customs inspectors. Oh, and they also may be able to get a recertification and factory rebuilt program going in Shanghai too. * +

mok214 7.01.14 - 04:14pm
I saw that Microsoft's consoles probably has the best chance of being sold in China. * +

laris02 7.01.14 - 09:15pm
China and Microsoft are both equally awkward so why not * +

spartan2 7.01.14 - 11:07pm
The Chinese love a pirate/knockoff.

As for the car Industry, VW and GM might dominate, but Toyota and Nissan sold over a million cars each last year and Honda not far behind.

Anyone that got in there properly would sell plenty, including Sony. But it still seems unlikely anytime soon to be open like everywhere else * +

4juice 7.01.14 - 11:55pm
There are already chinese playing on ps3 online games. * +

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