Tag Archives: China

Microsoft owes Chinese Government over $130 Million Dollars Due to Tax Evasion Probe

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Thought the U.S was the only one in debt, well think again. Apparently Microsoft is over $130 Million dollars behind on taxes the the country of China. According to a report from a Chinese news agency Microsoft had some heavy losses in Chinese based subsidiary and has also been avoiding taxes, (Also known as tax evasion).   According to the Chinese based news Xinhua report Microsoft Corporation was said to have an investigation started due to many anomalies found within the profit loss of the subsidiary between Microsoft and China (an approximate loss of  $320 Million U.S dollars or 2 Billion yuan Chinese) Although it was an allegation Microsoft did admit to the tax evasion and agreed to pay about $130 Million dollars ( or 840 Million Yuan) in back taxes as well as interest. In the future Microsoft has also agreed to pay about $16.2 Million (or 100 Million Yuan) in taxes each year in the future due to the findings. Now at least Microsoft admitted to this and agreed upon an amount and there won’t be much dispute between China and Microsoft Corp. For more info check out http://www.electronista.com/

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Editor’s Note: RealGamerNewZ has moved web servers, some older posts can no longer be commented on and have been preserved without their images. Thank you for your understanding in this matter. This article was written by Kyle Heller on 20141205 and was last modified on 20141206 .

League of Angels Final Build Released [HD Trailer]

League of Angels - Final Build - RealGamerNewz

The Final Build of League of Angels has been released and is presented in the following high definition trailer below.

Editor’s Note: RealGamerNewZ has moved web servers, some older posts can no longer be commented on and have been preserved without their images. Thank you for your understanding in this matter. This article was written by Louis Thompson on 20140111 and was last modified on 20140111 .

Huawei TRON Gaming Console – Made In China

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This Huawei TRON Gaming Console, which also runs Android, is the first to be designed after China repealed its ban on console gaming recently.

Editor’s Note: RealGamerNewZ has moved web servers, some older posts can no longer be commented on and have been preserved without their images. Thank you for your understanding in this matter. This article was written by Louis Thompson on 20140110 and was last modified on 20140110 .

‘Panda-monium’ to Hit Interwebs Soon Thanks to China

giant panda cam in china

UPDATE: Panda Feed is Live — CLICK HERE to watch now.

A 24-hour surveillance on one of the world’s most beloved animal creatures will soon be launched allowing the ‘interweb’s unfettered access to a 24/7 according to China’s Xinhua which announced that 28 cameras will bring 6 live feeds to the world of, you guessed it, Pandas! Quite the cultural phenomenon, zoo-style cameras are being run in countries such as the United States and China. Perhaps to entertain or perhaps to distract us from the more harsh discipline the world is seeing these days, then again what is the difference, shows where you can see a Panda relax and enjoy life could definitely be heart-warming and comforting for the soul. What are your thoughts?

Editor’s Note: RealGamerNewZ has moved web servers, some older posts can no longer be commented on and have been preserved without their images. Thank you for your understanding in this matter. This article was written by Mitch Walters on 20130729 and was last modified on 20130809 .

CryEngine 3 powered Monster Hunter for the Chinese market

Capcom and Tencent are working on a new Monster Hunter  for the Chinese market. Which means that it’s a free to play MMO for PC. It will be different in a way from others since it uses the CryEngine 3 instead of CAPCOM.

Editor’s Note: RealGamerNewZ has moved web servers, some older posts can no longer be commented on and have been preserved without their images. Thank you for your understanding in this matter. This article was written by Tristan Werbe on 20130418 and was last modified on 20130418 .

Nintendo and Sony Stocks Up, China Considering Lifting Ban on PlayStation and Wii?

For those of you who don’t know the PlayStation and Wii brand consoles have been banned in China for 13 years now. The only game system available was the occasional PC title (a la StarCraft II) which you may have heard about also becoming tightly restricted and access limited by the Chinese Government whom cites health claims as their reasoning for doing so.

Recently Nintendo and Sony experienced an appreciation in stock values as rumors circulated that China would consider lifting the ban on the home gaming console, meaning PlayStation 3 and Nintendo Wii could go up for sale in China.

Ubisoft commented about the possibility asking fans if they’d like to see an open exchange in China for game consoles again. The ban has been uplifting since the year 2000 and is reportedly in place to protect the safety mentally and physically of developing youths according to the government of China.

The following official statements crushed many’s hopes for the ban to actually end up being lifted soon after this, however:

We are reviewing the policy and have conducted some surveys and held discussions with other ministries on the possibility of opening up the game console market,” the official China Daily quoted an unnamed source from the Ministry of Culture as saying.

“However, since the ban was issued by seven ministries more than a decade ago, we will need approval from all parties to lift it.”

An official at the ministry’s cultural market department, which is responsible for the legislation, denied the report.” [Source: Telegraph]

Editor’s Note: RealGamerNewZ has moved web servers, some older posts can no longer be commented on and have been preserved without their images. Thank you for your understanding in this matter. This article was written by Jon Ireson on 20130311 and was last modified on 20130311 .

Chinese Delegation to Have First Presence at Gamescom 2012

Chinese Delegation will have First Presence at Gamescom 2012, notably the largest yearly gaming expo in Europe. This press release gives full mention of Chinese Government encouraging game design and export to other countries, despite China’s closed-in nature. Should a full-scale operation commence from the Multi-Billion Dollar Chinese Gaming Industry, a lot of alien content could be reaching gamers’ hands soon worldwide.

Given how addictive Chinese games can be, mixed with political tension, it will be interesting to see the US market response, should these deals extend West.

Check out the Full Press Release directly from Beijing: “BEIJING–(BUSINESS WIRE)–Dozens of China’s leading game enterprises will for the first time unite as the Chinese delegation to join in Gamescom in Germany, the most influential game exhibition in Europe.

The Chinese game enterprises delegation, the first of its kind heading for Europe, was initiated and approved by the Administration of Press and Publication of China, and organized by the Foreign Trade Development Bureau of China’s Ministry of Commerce and Howell International Trade Fair Ltd.

China’s game market boasting a sales revenue of $7 billion in 2011 has not only kept an amazing annual growth of more than 30%, but also raised a group of capable local game enterprises. Leveraging their domestic profits, these enterprises have enhanced their research, development and design strengths so as to compete with the international counterparts.

Many Chinese game enterprises are no more satisfied with their domestic gains and are eyeing overseas expansion, which is well noted by the Chinese government that has been encouraging game innovation and export for years. It is known that the Administration of Press and Publication of China and Foreign Trade Development Bureau of the Ministry of Commerce will provide subsidies for eligible members of the Chinese delegation.

The co-organizer Howell International Trade Fair is also a major organizer of ChinaJoy, one of the leading game expo, which could be regarded as a strong endorsement for the professionalism of the Chinese delegation.”

Editor’s Note: RealGamerNewZ has moved web servers, some older posts can no longer be commented on and have been preserved without their images. Thank you for your understanding in this matter. This article was written by Jon Ireson on 20120507 and was last modified on 20120507 .