“We are going to observe market guidelines, respect the viewers’s selection, and reasonably cut back the variety of American movies imported,” The CFA stated. “China is the world’s second-largest movie market. We have now at all times adhered to a excessive degree of opening as much as the skin world and can introduce extra glorious movies from the world to satisfy market demand.”
Predictions a couple of potential ban on American movie imports into China have been circulating in recent days since Trump ramped up his commerce battle towards the nation. Beneath earlier commerce agreements, China agreed to launch 34 overseas movies per 12 months and supply abroad studios with a 25 p.c share of ticket gross sales. It’s unclear how considerably these allowances could also be lowered going ahead.