Browsing: China

SHANGHAI – Japanese anime merchandise is enjoying a surge in popularity in China, where adults who grew up watching Japanese animation are increasingly spending on Gundam plastic models, Mini 4WD cars, figures and other character goods, helping fuel a rapidly expanding market known as the “goods economy.”

Sega Corporation has established a new wholly owned subsidiary in Shanghai, SEGA (Shanghai) Entertainment Technology Co., Ltd., the company confirmed on August 3. The entity was formally registered on June 12 with a capital of $3 million USD.