China had over a billion moviegoers in 2024 and its movie theaters were once in thrall to Cinema Americana. But last week the Chinese government said it would immediately restrict imports of Hollywood films in retaliation for President Donald Trump's escalation of U.S. tariffs on imported Chinese goods.
Hollywood's box office returns in China were already declining significantly in recent years, coinciding with the rise of domestic cinema. But that trend is now set to be accelerated as China and Spain sign a memorandum of understanding on film cooperation. CGTN’s Ken Browne reports.
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