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Trade war: Hollywood hopes for a seat in China's $8.6 bn box office

Chinese negotiators said that opening up the market more for US movies was a concession China could offer to Washington as part of a broader trade deal

Reuters  |  Beijing 

Hollywood's push for greater access to China's booming film market - delayed since last year - has become tangled in broader trade talks between Washington and Beijing, a potentially thorny position amid whipsawing trade relations. Negotiations to raise a Chinese quota on imported films and boost the share that overseas producers get of box office takings are now being discussed within the broader framework of a US-China trade stand-off, four industry sources said. The shift from earlier talks is a double-edged sword for US producers looking at China's $8.6 billion ...

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First Published: Mon, May 21 2018. 01:49 IST
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