China’s Movie Industry – the Asian Hollywood?

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Movie theater announcement of Hollywood blockbusters

Enormous investments have been put into China’s film industry and the efforts paid off: In 2012 China became the second largest movie market after the US, thus having overtaken Japan. Box office earnings were at around 17 billion Chinese Yuan (approx. 2 billion Euros). If the craze continues, China will be the biggest film market worldwide in a few years.

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