The rebound is on! Chinese stocks set for best week in over a year

Source: https://www.asiamarkets.com/the-rebound-is-on-chinese-stocks-set-for-best-week-in-over-a-year/

Chinese stocks are set to record their best week of performance in more than a year after yet another signal that the Chinese Government’s regulatory reins are being loosened.

On Wednesday, China’s National Press and Publication Administration announced the approval 60 new video games. It’s a stark turnaround from the hard-line approach the Government was taking on the video gaming industry in 2021, which included restricting the amount of time children were allowed to spend playing video games.