This is nothing but terrible. It's a frog-in-boiling-water situation. They say they'll retain full control, but when Tencent points that gun at their head and threatens to remove the precious Chinese player market, DE will bend to any whim. I've seen this at least a dozen times by now.
Tencent is very close to the CCP and it's authorities. These are the bastards that got Blitzchung banned for saying "Liberate Hong Kong, revolution of our times."
Watch your coin, Tenno. A percentage of anything you spend here will no doubt go to this corporate ultra-mega giant.