Rounak Jain/Business Insider India
While PUBG PC has been developed by PUBG Corporation — a Korean company — the mobile version of the game, PUBG Mobile has been developed by Tencent, which is Chinese. The closest alternative to the game is Fortnite which has been developed by Epic Games, an American game developer.
Do note that even there, Tencent has a 40% stake in Epic Games.