China's National Film Administration has announced a moderate reduction in the importation of American films, reflecting the ongoing trade tensions with the United States. This decision comes as part of a broader strategy to emphasize domestic productions and reduce reliance on Hollywood. The move is seen as a response to the escalating tariff war between the two nations, which has already impacted various sectors. Industry experts, including Hollywood executive Chris Fenton, have noted that tariffs on China are overdue, indicating a shift in the dynamics of film distribution. The Chinese government aims to respect market rules while adjusting the quantity of U.S. films available in its market, as it looks to increase film imports from other countries.
Chris Fenton is a Hollywood executive behind blockbuster hits like Iron Man 3 who says that tariffs on China are long overdue. https://t.co/gZqzMgZL6k
Some estrangement from China is likely to be forced on Hollywood amid the ongoing trade war. That’s a good thing. | @jackbutler4815 https://t.co/pzsoH2bb1d
China reducirá "moderadamente" el número de películas de Estados Unidos difundidas oficialmente en su territorio https://t.co/vhgGFfD4D6