GUANGZHUO -- China's fledgling metaverse sector is on track to grow into a market exceeding $50 billion by the middle of the decade, with signs of an overheating industry drawing the attention of regulators.
China tech
China's frenzied metaverse poised to balloon into $50bn business
Regulators react to growing pains of fast-moving and overheating market
Chinese tech giant Baidu released XiRang in December as China's first fully-accessible metaverse. (Photo by Takashi Kawakami)
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