By Patrick Frater Asia Bureau Chief A reopening of mainland Chinese cinemas may shortly become reality, but for some operators, that moment could come too late as the prospect of bankruptcy looms.
A new survey from industry body, the China Film Association, published by the South China Morning Post, suggests that 40% of cinemas could permanently shut down as a result of the prolonged closure.
Movie theaters have remained dark in China longer than any other country — it is now 130 days since they were ordered shut on Jan.
23. At the end of 2019 there were 69,800 cinema screens in operation, according to official state media. They were located at some 12,400 complexes.
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