“We will follow market rules, respect the audience’s choice, and moderately reduce the number of American films imported,” The CFA said. “China is the world’s second-largest film market. We have always adhered to a high level of opening up to the outside world and will introduce more excellent films from the world to meet market demand.”
Predictions about a potential ban on American film imports into China have been circulating in recent days since Trump ramped up his trade war against the country. Under previous trade agreements, China agreed to release 34 foreign films per year and provide overseas studios with a 25 percent share of ticket sales. It’s unclear how significantly these allowances may be reduced going forward.
[Notigroup Newsroom in collaboration with other media outlets, with information from the following sources]
