Happy Lunar New Year from the USC US-China Institute!
China's Gaming and Esports Triumphs
China Leads in the Video Game Industry
China remains the world’s biggest video games market and producer of games. The most recent Niko Partners report notes that China produces 47% of mobile games global revenue and 39% of PC games revenue. In 2022, the country's video games market generated an astounding $46 billion, dwarfing film and all other entertainment. Though China’s population is aging and has begun to shrink, analysts expect gamers to total 730 million by 2027. For further insights on the Chinese video game market, explore this USCI newsletter delving into the profound impact of game industry giant Tencent and a discussion on esports market trends. Also check out another USCI newsletter on video game trends, and a US-China Today article on the rise of video games in China.
Inside China's Thriving Esports Culture
That Niko Partners report notes China’s thriving esports industry, which hosted 102 tournaments in 2022. Despite regulatory challenges, China’s market attracts both domestic and foreign companies. The esports sector is booming, something USC student Noah Christiansen examines in their recent US-China Today article.
Featured Articles
We note the passing of many prominent individuals who played some role in U.S.-China affairs, whether in politics, economics or in helping people in one place understand the other.
Events
Ying Zhu looks at new developments for Chinese and global streaming services.
David Zweig examines China's talent recruitment efforts, particularly towards those scientists and engineers who left China for further study. U.S. universities, labs and companies have long brought in talent from China. Are such people still welcome?