China outperformed the US as the world’s largest theatrical film market for the second year in a row in 2021, but censors have increased scrutiny, while virus restrictions have closed cinemas, leading to a drop in funding. Illustration: Lau Ka-kuen
China outperformed the US as the world’s largest theatrical film market for the second year in a row in 2021, but censors have increased scrutiny, while virus restrictions have closed cinemas, leading to a drop in funding. Illustration: Lau Ka-kuen
Cinema

China film industry cools for hot money investment as coronavirus, censors increase risk

  • China outperformed the US as the world’s largest theatrical film market for the second year in a row in 2021, but the recent drop off at the box office has been dramatic
  • Censors have increased scrutiny, while virus restrictions have closed cinemas, leading to funding for China’s film and television industry to slip to last year

China outperformed the US as the world’s largest theatrical film market for the second year in a row in 2021, but censors have increased scrutiny, while virus restrictions have closed cinemas, leading to a drop in funding. Illustration: Lau Ka-kuen
China outperformed the US as the world’s largest theatrical film market for the second year in a row in 2021, but censors have increased scrutiny, while virus restrictions have closed cinemas, leading to a drop in funding. Illustration: Lau Ka-kuen
READ FULL ARTICLE