News Snapshot:
Xi Jinping has found a new adversary, not a world leader, a political rival, or a neighbouring country. The Chinese president’s new enemy is video games. He doesn’t like them, and he wants the people of China to not like them either. So he did what he does best; he decided to crack down on them. Beijing has made new rules, and these rules are bleeding China’s gaming companies. The stock market saw a bloodbath on Friday as the top gaming companies in China suffered big losses. Losses to the tune of 80 billion dollars in one day, and this...