Sony's PlayStation 3.
(Credit: Sony Entertainment America)
Companies like Sony, Nintendo, and Microsoft may soon be able to sell their game consoles in China — though there are a couple of catches.
The Chinese government is expected to terminate its 13-year-old ban on the sale of game consoles, the South China Morning Post reported on Wednesday. Lifting the ban is part of an overall strategy to create a “Shanghai free trade zone” in order to open up the Chinese economy to other countries, the Post said.
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However, console makers who want to do business in China must agree to certain rules, sources told the Post. The companies must manufacture their products for Chinese consumers in the new free trade zone… [Read more]
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