Curtains for foreign cinemas?
Warner’s recent withdrawal of its movie theater investment from the Chinese market cast doubts on the future of foreign investment opportunities in China. With the unpredictable regulations and changing rules, many international investors wonder if there is any value to keep exploring the China’s media market. This article from Asia Times provides an analysis of the current situation with both pros and cons discussed.
“The list of official and unofficial regulations is long and tedious for foreign film executives. China lets in a maximum of 20 foreign films (generally blockbusters) a year. Once in, the film must secure distribution. As yet, there are only 2,668 screens in all of mainland China.”
Chinese Film Bags Golden Peacock Award at IFFI
Chinese films have started to play increasingly important roles in the global film market over the past few years. This story from Sina.com gives another example of a Chinese movie being recognized at an international film festival in India. Given the film’s unique topic, it seems that a focus on China’s cultural heritage would be a desirable direction to follow for future Chinese movies.
“The Chinese film outwitted ten other movies in the competition section which had entries from Argentina, Bangladesh, Brazil, Chile, Germany, China, India, Iran, Israel, South Korea and Taiwan.”
Catalogue of Prohibited Foreign Investment
China has been an essential investment destination over the past decades, as well as one of the hottest topics of discussion among almost all economists and business leaders around the world. Nonetheless, as is true with most of the other places in the world, there are rules of the game in the country with areas prohibiting foreign investment. This article from China Daily shows a comprehensive list of “no-go” fields for foreign investors where the cultural industry in general occupies a big chunk.
Catalogue of Prohibited Foreign Investment
China has been an essential investment destination over the past decades, as well as one of the hottest topics of discussion among almost all economists and business leaders around the world. Nonetheless, as is true with most of the other places in the world, there are rules of the game in the country with areas prohibiting foreign investment. This article from China Daily shows a comprehensive list of “no-go” fields for foreign investors where the cultural industry in general occupies a big chunk.
Curtains for foreign cinemas?
Warner’s recent withdrawal of its movie theater investment from the Chinese market cast doubts on the future of foreign investment opportunities in China. With the unpredictable regulations and changing rules, many international investors wonder if there is any value to keep exploring the China’s media market. This article from Asia Times provides an analysis of the current situation with both pros and cons discussed.
“The list of official and unofficial regulations is long and tedious for foreign film executives. China lets in a maximum of 20 foreign films (generally blockbusters) a year. Once in, the film must secure distribution. As yet, there are only 2,668 screens in all of mainland China.”