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China suspends ban on sale of foreign video game consoles

07
Jan
2014

(Reuters) – (Adds context, size of Chinas video game market, company comments) By Paul Carsten BEIJING, Jan 7 (Reuters) – Chinas State Council said it has temporarily lifted a ban on selling foreign video game consoles, paving the way for firms like Sony Corp, Microsoft Corp and Nintendo Co Ltd to enter a nearly $14 billion dollar market. The suspension of the 14-year-old ban permits foreign-invested enterprises to make games consoles within Shanghais free trade zone and sell them in China after inspection by cultural departments, the government said in a statement posted on its website on Monday. China banned gaming consoles in 2000, citing their adverse effect on the mental health of its youth.

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