China temporarily lifts ban on sale of foreign games consoles
PUBLISHED ONJanuary 07, 2014 5:41 AM
BEIJING - China's State Council has temporarily lifted a ban on the sale of foreign games consoles, paving the way for firms like Sony Corp, Microsoft Corp and Nintendo Co Ltd to enter a multi-billion dollar video game market.
The suspension of the 14-year-old ban permits "foreign-invested enterprises" to make games consoles within Shanghai's free trade zone and sell them in China, providing they gain government approval, the government said in a statement posted on its website on Monday.
The statement gave no further details.