China is the former largest international market in Hollywood, but due to increasing relationships, the percentage of films from the United States has fallen.
China’s authorities plan to limit the importation of American films in the country to deal with tariffs in the United States. This was said by China’s state’s state of cinematography on Thursday, April 10.
“The US government’s wrong action to introduce dishonest tariffs against China will inevitably lead to an additional reduction in the audience’s interest in American films. We will follow market policies, respect the choice of movies and moderately reduce it,” the message said.
China is the former largest international market in Hollywood. But against the back of a breakdown in relations between the two countries, the number of American films in the Chinese office has declined in recent years.
In 2024, the box office in China fell 23%, up to 42.5 billion Yuan (5.78 billion). Last year, only three foreign films were included in the top-10 cash films in the country: Godzilla and Kong: New EmpireCartoon Hayao Miyazaki Boy and bird And Alien: Romulus (8, 9 and 10th areas, respectively).
Part of the foreign films of Chinese lease last year reached 21.3%. Whereas in 2019 the indicator was 35.9%.
As you know, on April 9, US President Donald Trump announced a pause of new roles, but with respect to China, restrictions only intensified.
We added that Trump has raised duties to goods from China to 125%, but has reduced tariffs for all countries by 10%by 90 days in response to Beijing to impose all American imports with a fee of 84%.
In the United States they explained increasing duties for China
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.