Strict competition system, Korean game companies from China to withdraw capital

(compiled/psyche1004) according to South Korean media reports, cji and Chinese gaming companies after the interruption, the recent NHN also announced the withdrawal of the Chinese market, and said that the future will be through cooperation with local operators in China to carry out business activities in the country.　　Prior to the domestic operators through the contract to enter the Chinese market in the Korean games are mostly in good health, while the capital injection mode of cooperation in the operation of the enterprises are subject to the strict restrictions of the laws and regulations, the prospects are not optimistic. With the withdrawal of capital from cji and NHN, Korean gaming companies that enter the domestic market in a co-operative way will also be wiped out.　　and to Nexon and Neowiz as the representative, and domestic operators contract cooperation of Korean enterprises have made gratifying achievements. Nexon since 2003 through with the grand, Century Tiancheng and other operators, in China online operation of the "B&b", "Rocky Hero Biography" (Mabinogi) and other six games, including "Dungeons and Warriors" (Dungeon & Fighter)　　At the same time the number of online users to break 2.2 million, and presents a rising trend.　　In contrast, the way the cooperative enterprise is not conducive to development, mainly because of the Chinese government's strict restrictions on overseas legal persons, so that the development of joint ventures stalled. At present, China is perfecting the entire online pay network industry, only 100% of Chinese capital enterprises can enter the market.　　The ICP certification required to open a common website is limited to companies with more than 51% of Chinese capital. In addition, the publication system, which is supervised by the Press and publication head Office, is also a hindrance to overseas enterprises. Overseas companies want to pass audits, the process is complex and very difficult. South Korean industry insiders said the so-called system should be a licensing system, but now look more like China's national declaration system.　　Wholly-owned Chinese companies are certainly more advantageous than the joint venture's application. In addition, China's gaming industry is becoming increasingly competitive, and overseas joint ventures are overwhelmed. Take August as an example, put into test online games a total of 53, of which Korean games accounted for 4, domestic game is 45, accounting for 84% of the proportion.　　2009 China's online game market, the proportion of domestic games is 60%, and is still increasing. NHN said that the strict system of China's market norms, increasingly fierce competition between enterprises, have affected their final decision to remove capital, but in the future will continue to work through contract cooperation in the Chinese market activities. (Edit/Ming)