China approved 105 domestic games on Monday, the latest sign that the Chinese government is softening its stance following moves to tighten industry regulations that led to an $80 billion outflow last week.
The titles included those run by Tencent Holdings and NetEase, two of China’s biggest game publishers that have been hit hard by the Chinese government’s new rules.Industry groups say Monday’s approval shows Chinese authorities support the development of online games. In a WeChat post republished by the state-run Xinhua News Agency.