In light of the recent tax evasion scandals in the entertainment industry, Chinese authorities have set new income tax rate for celebrities effective on August 1. Read More
2018 witnesses continual growth of the Chinese film market. According to online ticketing service provider Maoyan, China's total box office earnings have reached RMB 40 billion ($5.84 billion) by August 5. Read More
If you are a user of the video social network app Musical.ly, the next time when you update the app on your phone, you will see that the updated app becomes Tik Tok, the international version of hit Chinese short-video app Douyin. Read More
On August 1, iQiyi (NASDAQ: IQ) released the company’s unaudited financial report for Q2. The report shows that iQiyi’s Q2 total revenue rose 51% year over year to 6.2 billion yuan ($932.5 million). The company remains unprofitable with a loss of 1.3 billion yuan ($200.7 million) during the reporting period. Read More
Tsui Hark's "Detective Dee: The Four Heavenly Kings" opened in Chinese theaters on July 27. While many praise Tsui Hark's technical innovation and imagination, the film's box office doesn't seem to measure up. Read More
Recently, local police in Jiang Su province started investigations against top Chinese actress Fan Bingbing for alleged tax evasion and involvement in “Yin-Yang Contracts.” Read More
Dwayne "The Rock" Johnson's movies have grossed over 2 billion yuan ($293.6) in China, without counting the box office of The Fast and The Furious series. Read More
How to choose good content and effectively promote the content to an international audience should be more important and attention-worthy than the acquisition deals themselves. Read More
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