Epic Games Pulls Out Fortnite From China

Epic Games has announced that it would discontinue its famous survival game Fortnite in China, months after authorities placed a series of stringent restrictions on the world’s largest gaming industry as part of a broad crackdown on the technology sector.

Beijing has launched a broad regulatory crackdown on a number of industries in an effort to tighten its grip on the economy, with technology businesses bearing the brunt of the pain.

The Chinese government said in September that it aimed to reduce gaming addiction in the gaming-crazed country by limiting the number of time youngsters may spend playing online and requiring gamers to use ID cards when enrolling.

The moves severely harmed companies’ capacity to earn revenues and drove gaming companies’ stock values plummeting.

Epic has now pulled the plug on Fortnite, stating that the enormously popular game will be shut down on November 15.

Tencent’s Hong Kong-listed shares, which possess a substantial investment in Epic, fell on Tuesday.

The termination marks the end of a long-running test of Epic’s version of Fortnite designed expressly for the Chinese market, where the material is policed for extreme violence.

The Chinese test version was published in 2018, however, Fortnite never obtained the government’s clearance for an official launch due to a slowdown in new game approvals.

The action-packed shooter and planet-building game is one of the most popular in the world, with over 350 million users – more than the whole population of the United States.

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