Headlines From China: Tencent in Talks With U.S. to Keep Gaming Investments

China’s Tencent in Talks With U.S. to Keep Gaming Investments

Tencent Holdings Ltd (0700.HK) is negotiating agreements with a U.S. national security panel that would allow it to keep its ownership stakes in U.S. video game developers Riot Games and Epic Games, according to people familiar with the matter. Tencent owns a 40% stake in Epic Games, the maker of popular video game Fortnite. Tencent also bought a majority stake in Riot Games in 2011 and acquired the rest of the company in 2015. Riot Games is the developer of “League of Legends,” one of the world’s most popular desktop-based games. Read more Reuters

Artist Ye Funa Talks Shamate and Making an Exhibition Of Her Life

Contemporary artist Ye Funa invites audience interaction with her ethnographic expositions on internet subcultures. Born in Kunming in Yunnan province in southwest China, Ye came of age as the internet was booming. While her early works revolved around research into history and texts, she has become one of the foremost documenters of online culture in China, as she researches and subsequently packages internet subcultures and trends through a variety of mediums, online and offline. One of the topics that has sparked her imagination recently is the shamate movement, a subculture that is identified by its outlandish fashion sense, makeup and hairstyles among marginalized and often poor rural youth. Read more RADII China