China Welcomes Sale Of Nintendo Switch

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The Inquisitr - Tech

China will be opening the doors to sales of the Nintendo Switch which will give the company greater access to one of the world’s biggest video games market, CNN says. Currently the console is not yet available via official channels in China. The report also says that since the announcement, Nintendo’s shares have risen 14% in Tokyo.

Chinese authorities have granted permission for Tencent (TCEHY) – a Chinese multinational investment holding company founded in 1998 – to begin distributing the Switch console. Additionally, the internet company have also been given approval to sell a game from the Super Mario Bros. series.

At the moment, gamers in China only have a limited access to consoles which are often expensive and only available through imported “gray markets,” which include online retailers such as Alibaba’s Tmall. This latest development could create potential for console sales in the major video game market. It could

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