China announced new laws to limit microtransactions, affecting major corporations like Tencent.
gamerant.com
These laws will ban rewards for spending money within a game for the first time, ban rewards for buying consecutive microtransactions, and ban rewards for daily log-ins.
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China has always been against gaming it's the money they like.
If it was only money they wanted they would not do this. The limitations they are imposing will cut revenue to their biggest Game companies. I mean, the laws are not in effect and there was already a big crash on Netease and Tencent stock prices.
I think the CCP are just trying to do what they think is best for the welfare of their people.