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Why China’s game business will hit $20B by 2016

China has one of the most dynamic and unique game markets in the world. Rising from virtual non-existence a decade ago, and surviving a stage when every disk was pirated, the nation has become a force to be reckoned with in online games. Lisa Cosmas Hanson, managing director of Niko Partners, has watched the Chinese online game market for more than a decade. She has seen the rise of publicly traded companies such as Tencent, the launch of popular Western massively multiplayer online games such as World of Warcraft, and the emergence of social networking games. Mobile gaming has exploded with hundreds of Android app stores. And now there’s even a glimmer of hope that the Chinese government will allow the launch of game consoles, particularly if they are education focused. We talked with Cosmas Hanson about this ever-changing market. Here’s an edited transcript of the conversation.

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dark-hollow1930d ago

china will be a dominate force in the coming 10 years.

tigertron1930d ago

If their government scraps the game console ban then we should see game companies like Sony, MS and Nintendo making big profits.

SlxTeN1930d ago

China even forces their prisoners to play video games.

vortis1929d ago

Yeah man, there's a lot of money to be made gold farming.

Instead of having prisoners work on railroad tracks or doing community clean-up, they have them farming gold...it's about the dollar bills, baby.