China has agreed to show more American movies
The Chinese government has agreed to significantly increase the number of American movies allowed in the country. According to Variety, such an agreement was reached between the governments of the two countries following a meeting of two vice presidents. From now on, instead of 20 Hollywood movies a year, 34 will be shown in cinemas in China. Basically, we are talking about stereoscopic projects and movies for the IMAX network. In addition, royalties to American moviemakers will be increased from the current 13 percent to 25 percent. This agreement between the two countries will allow the United States to not only create a large number of new jobs, but also significantly increase Hollywood's position in China. The Topic of Article: China has agreed to show more American movies. |
