BEIJING: China has approved the release of dozens of new video games, boosting the shares of some of its biggest tech firms Wednesday on hopes that a long-running and painful crackdown on the sector is easing.
The announcement follows a report in The Wall Street Journal on Monday that said regulators were wrapping up their investigation into ride-hailing giant Didi and will allow it to register new users.
Officials in China — the world’s biggest gaming market — rolled out a series of restrictions last year as part of a sweeping government campaign to rein in huge tech firms.
They capped the amount of gaming time for children with the stated aim of fighting addiction and froze…
