Game consoles are go in China, as government sets regulations
Kotaku's Eric Jou reports that consoles can now be sold in the country, citing a detailed People's Daily story (Chinese language) on the new guidelines.
What's not quite clear yet is what will happen next, as none of the big three console manufacturers -- Sony, Nintendo, or Microsoft -- have announced plans to release products in China.
That hasn't stopped the news from affecting Nintendo's stock price, however. Microsoft has entered into an Xbox-related joint venture, however, though its plans are yet unannounced. Sony has also formed a new "China Strategy Department" with an eye to selling products in the country.
Chinese companies are also planning to get in on the action, with two different consoles announced this year so far, by Chinese manufacturers ZTE and TCL.
Will the lifting of the ban have a big effect? Market researcher Lisa Hanson, who visited Microsoft's partner BesTV last year, isn't so sure, as she writes in this blog post after her visit.