China will hit Hollywood. “We will reduce the import of American films”


“Incorrect actions of the US government involving the abuse of customs duties to China will inevitably reduce the favor of the national audience towards American films,” the Chinese film administration cited by Bloomberg said in a Thursday statement.
“We will comply with market rules, respect the choice of audiences and moderately reduce the number of imported American films” – served.
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Such a measure was previously proposed by two influential Chinese bloggers who on Tuesday published an identical set of steps, which, according to them, the authorities considered to repel Trump's earlier threats regarding duties.
The balance of the USA trading with goods and services, and therefore films, has been very favorable for China for decades. Last year it amounted to $ 263 billion and the amount of $ 200 billion. exceeds since 2005 This is a consequence of the interventionist policy of the communist party in terms of letting abroad to its own market. This also applies to movies.
Just a few years ago, China was the largest foreign market for American films. The peak of the number of approved American premieres was in 2018, then the number of approvals, however, fell, says Bloomberg.




