China to Reduce Imports of Hollywood Films
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Los Angeles Times |
China plans to reduce the number of Hollywood films playing in the populous country amid escalating trade tensions, reducing access to what was once a vital market for U.S. blockbusters.
Variety |
The China Film Administration has confirmed that it will cut back on the import of U.S. films to the Middle Kingdom.
Wall Street Journal |
The China Film Administration announced the decision on its website Thursday, saying the U.S. government’s “abuse of tariffs on China will inevitably diminish the domestic audience’s favorable view o...
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While some of the import taxes were scaled back on Wednesday just hours after they went into effect, the still-considerable tariffs that remain represent yet another massive fiscal headache for an entertainment industry still struggling to get back on its feet after years of setbacks.
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