China continues to refrain from issuing new game licenses to application developers producing for the App Store and other platforms, in a regulatory inaction that has reportedly led to the [closure of around 140,000 small game studios and related companies nationwide](//appleinsider.com/articles/22/01/02/over-140000-gaming-firms-close-as-china-continues-new-license-freeze)

Over 140,000 game companies close as China pursues new license freeze comes via ChinaTechNews.com.