Connect with us

Technology

Gaming stocks plunge as Chinese authorities protest “effeminacy”

Neill Fronde

Published

 on 

PHOTO: The Chinese government is pushing gaming companies to avoid effeninacy. (via CGTN)

Gaming companies are taking a hit in the stock market as authorities in China have been cracking down harder and harder on their perceived negative effects in Chinese society. The government has already ordered them to limit how much gaming time children have, and have pushed back on things like obscenity, violence, money worship, and now the idea that video games are breeding effeminacy.

The older generation of leaders within the Communist Party feel uncomfortable with a broader portrayal of men and masculinity and are calling on video games to curb it. They don’t want to see any representation of “sissy” men or what they call abnormal aesthetics.

They view men who are not traditionally masculine and tough as effeminate, weak both physically and emotionally, and therefore unable to defend themselves and, more importantly, the nation of China. The establishment views heterosexuality as the only acceptable gender norm causing feelings of unease when they see ambiguous sexuality or gender identity in any media outlet including video games.

To this point, they also believe that the excessive amount of gaming that Chinese youth partake in is softening their character and making them weaker, addicting them to the internet and video games, and even destroying their eyesight.

The government already pushed gaming companies to restrict children to only 3 hours of video game time online per week. Tencent, a large gaming company recently rolled out a so-called midnight patrol – facial recognition technology that will stop children from bypassing gaming curfews.

As one could imagine, Chinese authorities ordering video game companies to stop focusing on expanding their fan base and profits and instead focus on changing game designs and rules to prevent gaming addiction has not been popular in the stock market, with major online gaming companies taking a huge hit.

China has a multi-billion-dollar gaming economy, and stock prices for big names like NetEase and Tencent plummeted this week, falling 11% and 8.5% respectively. The tightening in the tech field has had a ripple effect with e-commerce companies like Alibaba and JD.com also falling over 5 and a half percent.

Investors are nervous about the future of gaming in China and the profitability of it with the government rallying to minimize gaming time and meddling in the design and operation of the gaming industry.

SOURCE: Thai PBS World

 

Get more from The Thaiger

📱 Download our app on Android or iOS
👋 Have your say on our Thailand forums
🔔 Subscribe to our daily email newsletter
📺 Subscribe / Join YouTube for daily shows
👍 Like/Follow us on Facebook
🐦 FOLLOW us on Twitter
📷 FOLLOW us on Instagram

Neill is a journalist from the United States with 10 years broadcasting experience and national news and magazine publications. He graduated with a degree in journalism and communications from the University of California and has been living in Thailand since 2014.

Follow Thaiger by email:

Thailand8 hours ago

Oct 1 reopening NOT confirmed, Kpop star sparks frenzy for Thai meatballs |Thailand News Today

Hua Hin9 hours ago

Final arguments Tuesday on dual pricing suit against Health Ministry

World10 hours ago

Texas lawyer dressed as Halloween’s Michael Myers to spread hurricane cheer

Welcome back to Thailand!

Thaiger is getting behind local businesses for the restart of tourism in Thailand - up to 50% discounts across all advertising packages!

Thailand10 hours ago

The Last Dance feat. Mike | Thaiger Bites | September 17

Thailand11 hours ago

No “October reopening” plan has been approved – CCSA

Thailand11 hours ago

Public Health Ministry defends October 1 reopening

image
Join the conversation on the Thaiger Talk forums today!
Coronavirus (Covid-19)11 hours ago

Friday Covid Update: 14,555 new cases; provincial totals

Crime11 hours ago

Torture and forced disappearances bills pass House vote 368-0

Bangkok12 hours ago

Bangkok Governor: NO reopening October 15 despite PM plans

Pattaya13 hours ago

Thai-Russian 4 year old girl drowns in Pattaya home pool

Phuket13 hours ago

New centre proposed to provide ATKs cheap at Phuket entrance

Thailand13 hours ago

Morning Top Stories | Covid Free setting, Pattaya bars might not open | September 17 |

Thailand13 hours ago

Thailand Daily Covid Update | Thursday, September 17 |

World14 hours ago

Foreign Minister Don to US for meetings with UN, ASEAN, more

Thailand14 hours ago

The Future of Medical Tourism in Thailand | Good Morning Thailand LIVE | Episode 91

Morning Top Stories Thailand | Police to end protests, Human Trafficking | September 14 | Thaiger
Thailand4 days ago

Morning Top Stories Thailand | Police to end protests, Human Trafficking | September 14

Thailand7 months ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism7 months ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket7 months ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism7 months ago

Phuket Thai food treats you need to try | VIDEO

Thailand7 months ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism7 months ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand8 months ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand8 months ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand8 months ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand8 months ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand8 months ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand8 months ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand8 months ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand8 months ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Trending