Online Gaming Booming in China — Revenues Seen Up 32% in 2010

Hong Kong — China’s online game industry is booming, with “Massively Multi-player Online Role-Playing Games” (MMORPG) becoming increasingly popular among a large portion of China’s estimated 400 million internet users.
Video report by Andrea Fenn, Deirdre Wang Morris and Tem Hansen.

Highlights:

• China’s online game market revenue will reach $9.2 billion by 2014 — Niko Partners
• Online gaming revenue in China seen expanding 32 percent in 2010 to US$4.7 billion from $3.6 billion — JP Morgan
• Sales of “virtual commodities” booming

Top right: Such is the lure of these MMORPGs that it it not unusual to see youngsters playing them to the brink of exhaustion. Photo by Deirdre Wang Morris.