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Players practice the mobile game "Arena of Valor" in a shopping mall in Tianjin, China. Photo: Zhang Peng/LightRocket via Getty Images

Chinese regulators on Monday imposed new rules on video game companies that drastically limit the amount of time minors can play to just an hour on Fridays and weekends, Bloomberg reported, citing state media.

Why it matters: The new rules come amid Beijing's broader crackdown on domestic Big Tech companies — including gaming giant Tencent.

Driving the news: The rules, published by the country's National Press and Publication Administration, will only allow children to play online games from 8pm to 9pm local time on approved days.

  • Minors will also be able to play the games for an hour on holidays.

The big picture: Tencent said earlier this month it would voluntarily cut minors' gaming time after a state media article called video games "spiritual opium," according to Reuters.

Go deeper: China's homegrown techlash

Go deeper

Sep 8, 2021 - Sports

IOC suspends North Korea from Beijing Olympics

Members of the North Korean delegation look on from the stands ahead of the figure skating gala event during the Pyeongchang 2018 Winter Olympic Games. Photo: Mladen Antonov/AFP via Getty Images

The International Olympic Committee announced Wednesday that it has suspended North Korea from the 2022 Beijing Winter Olympics after the country chose not to participate in this year's Tokyo Games due to the pandemic.

Why it matters: Although the decision will have "little immediate impact," it could prove consequential in shaping other political boycotts of future Olympic games, the Wall Street Journal noted.

Special Envoy for Haiti resigns over Biden deportations

Daniel Foote testifies during a Senate Foreign Relations Committee hearing on May 26, 2016. Photo: Drew Angerer/Getty Images

The Special Envoy for Haiti on Wednesday resigned from his position, writing in his resignation letter obtained by PBS that he "will not be associated with the United States inhumane, counterproductive decision to deport thousands of Haitian refugees."

Why it matters: Ambassador Daniel Foote's resignation comes amid heightened anger over the treatment of Haitian migrants and asylum-seekers living in a temporary encampment in Del Rio, Texas — especially after images surfaced of Border Patrol agents whipping at the migrants from horseback.

First-time homebuyers shrink as prices spike

Data: National Association of Realtors; Chart: Axios Visuals

Home sales cooled as prices continued to heat up in August.

Driving the news: The share of first-time existing homebuyers (29%) last month was the smallest in two years, according to new data from the National Association of Realtors.

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