From AP, via Physorg.com:
Swedish software company MindArk, which operates the online game Entropia Universe, has authorized a Beijing company to create what it calls the largest-ever virtual world for China, MindArk said Friday.Gothenburg-based MindArk said in a statement the Chinese virtual world will have a capacity of 7 million concurrent players and aims to draw 150 million users in total.
It said the new game is expected to generate $1 billion in economic activity every year. Elina Heng, a spokeswoman for the new project, said MindArk aims to launch the new game in August 2008. [Full Text]
See also the original Press Release from Market Wire.