Online games are mental opium and many teenagers and youngsters are addicted to these games. As a result, an entire generation is on the verge of extinction, a sentiment echoed in China, with repercussions in the state media. Shares of online gaming companies in China have also fallen sharply since then.
The Economic Information Daily, a government-run newspaper, published articles highlighting the ill effects of online gaming. Many young people are addicted to online games and this has adversely affected the activities of this generation; The article mentions that the alternative is happening on the development of the country. The article also calls for stricter restrictions on online gaming.
Shares of Tencent, China's largest social media and online gaming company, have fallen 9 percent since the article was published. Shares of Netease, another major online gaming company, also fell 13 per cent.
The game 'Honor of Kings' developed by Tencent is very popular among the youth; especially; among the students. Sometimes youngsters who are addicted to this game waste 8 hours a day playing this game; pointed out in the article. Online games are an electronic drug. The article also states that any industry or sports that destroys an entire generation should not be allowed to work.
China has decided to impose strict restrictions on online learning and online games in the interest of students. A law banning the teaching of school subjects in out-of-school classes has recently been enacted in China. The private tutoring industry is booming in China with an annual turnover of 12 trillion.
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