It's hollywood, silly!
By Xu Fan | China Daily | Updated: 2015-07-09 08:42
Despite a nearly 50 percent rise in Chinese box-office returns this year, local moviemakers aren't smiling. Xu Fan reports.
The Chinese box office surged nearly 50 percent in the first half of the year, but with more than half the earnings coming from foreign movies, domestic producers aren't a happy bunch.
Since overtaking Japan as the world's second-largest movie consumer in 2012, China has grossed a record 20.3 billion yuan ($3.3 billion) from 156 movies released between January and June, a rise of 49 percent as compared to 2014, according to the country's media regulator.
Photo