Earlier this week, China's State Council sneakily released a document about regulations in the nifty Shanghai Free Trade Zone. Due to this release, media outlets have been calling China's archaic 13-year ban on video games consoles to be over. I'm here to rain on everyone's parade.
The new official document released on Monday by the Chinese State Council is dated December 21 of last year and says that the State Council is looking to expand and promote industries—industries such as games. In the document, the State Council, the center of the government's power, writes that games, game consoles and services will be allowed into China. It doesn't explain how and when this will happen. This is the same as what Kotaku reported back in September. This has not changed, and it's something that The Wall Street Journal also pointed out earlier today. Yet, people are excited! Nintendo stock shares are going up! But for what, really?