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Film Review: ‘Suspect X’ An Inelegant Equation
Western audiences may be unsettled by the idea that the unspeakable acts that Shi commits to help his lady neighbor and thus win her affection might deserve compassion. In our culture, this is plain creepy, but in China, where a generation of male only children have been mathematically aced-out and will never have a woman to love because there aren’t enough to go around, the story does strike a certain poignant chord. Read More
China Box Office: ‘Kong’ Still Rules Jungle
For the first time in fifty days, Hollywood imports lost hold of the daily box office crown as local crime thriller The Devotion of Suspect X debuted in first place on Friday. Yet Legendary’s Kong: Skull Island quickly re-established its dominance on Saturday, and looks to enjoy an easy holiday victory when the three-day Qingming or Tomb Sweeping Festival ends on Tuesday. Read More
Why Hollywood Should Worry About The US-China Summit
On April 6 and 7, US President Donald J. Trump and China's President Xi Jinping will convene at Trump's Mar-a-Lago Club in Palm Beach, Florida, the first-ever meeting between the two leaders. Trump has preemptively tweeted that he expects the meeting "to be a very difficult one." Hollywood should be worried about anything but a positive outcome. Read More
TCB In RMB: A Weekly Business Roundup
SoReal, the Virtual Reality venture of acclaimed Chinese auteur Zhang Yimou opened its first concept store this past Tuesday in a 32,000 square-foot location in central Beijing. Although the company refers to it as a VR Museum, it is more like an arcade, featuring VR films, interactive VR games and other immersive experiences-- and already Chinese reports are expressing doubts regarding its commercial viability. Read More
LeEco Cash Crunch Eases With Share Transfer
With the completion the share transfer formalities, LeEco has sold 171 million shares, or 8.56 percent of the arm’s total equity, for RMB 6.04 billion. Read More
Wanda Cinemas Rebrands as Wanda Film Holding, 2016 Profit Up 15 Percent
Wanda Cinemas' name change indicates that the company still intends on reorganizing its entertainment assets after it shelved those plans late last year, when regulators expressed concern over the financial viability of the change. Read More
Alibaba Pictures Posts $139 Million 2016 Loss
The company blamed soaring sales and marketing of RMB 1.1 billion (US$159.6 million) for the expanded loss, which compared with an RMB 466 million net profit in the previous year. Read More
Despite 2016 Slowdown, Wanda’s Zeng Predicts Strong China Cinema Growth
The president of the world's largest cinema exhibitor said earlier this week that he expects the growth of China's cinema market to resume double-digit growth despite expanding less than four percent in 2016. Read More
China Newspaper Calls Production Gap with Hollywood ‘Embarrassing’
A China nationalist, state-run newspaper editorial has decried the quality of film production in the country and called the gap between foreign movies and Chinese ones "embarrassing." Read More
China’s Live Streaming Sector Booms, but Looming Challenges
More than 200 live streaming platforms and apps are actively involved in the live streaming sector, which CreditSuisse estimated to have topped RMB 25 billion in 2016, attracting 325 million users. Read More
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