Tuesday, August 02, 2005

China Bets $1 Billion On Online Games

China Bets $1 Billion On Online Games
Still don't think that online videogames are big business? The Chinese government announced that it will invest $1.8 billion to expedite building game development centers in major cities.

I'd hate to see the eventual IRR on that investment, which just goes to show that Commies don't have to worry about limited partners.

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