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China, the World’s Second-Largest Film Market, Moves Beyond Hollywood

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hollywoodreporter.com

Battered by the pandemic and growing political headwinds, Hollywood’s business prospects in China are becoming bleak. A state of tumult in Washington-Beijing diplomatic relations is putting greater scrutiny on Hollywood's film activities in the country, while the United States’ failure to contain COVID-19 is forcing the industry to take its pedal off the accelerator in China’s theatrical market at the worst possible time.The list of tensions, dustups and scandals grows longer by the day — and each incident has only served to undercut Hollywood's longterm foothold in the country.

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