How China's expanding movie industry will also benefit the US

Charles H. Rivkin, the new chairman and CEO of the Motion Picture Association of America, visited China recently as the country surpassed the United States to have the most cinema screens in the world.

As to prepare for his trip, Rivkin watched Wolf Warrior 2 on his flight to Beijing. "It's fantastic and a lot of fun. Its box office takings in the Chinese market alone are extraordinary. It's a sign of things to come," says Rivkin, commenting on the top-grossing movie in China of all time.

Wolf Warrior 2 earned 5.68 billion yuan ($860 million), boosting this year's box office to score a record 50 billion yuan in November.