Headlines From China: ‘Black Panther: Wakanda Forever’ Opens with $331.3m at Global Box Office

‘Black Panther: Wakanda Forever’ Opens with $331.3m at Global Box Office

Disney’s release of Black Panther: Wakanda Forever has reignited the global box office, delivering confirmed weekend takings of $181m in North America and $150.3m for 50 international markets. IMAX screens delivered $22.6m of the $350m global total – a 6.5% share. The film has yet to be released in mainland China or Russia. Read more Screen Daily

China’s Tencent Starts New Round of Layoffs-Sources

Chinese tech giant Tencent Holdings (0700.HK) has begun a new round of job cuts targeted at its video streaming, gaming and cloud businesses, four sources close to the matter said. Read more Reuters