China is ramping up censorship of its movie industry ahead of its huge 70th anniversary celebrations, and Hollywood is stepping in to fill the void

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Experts told Business Insider that Hollywood has a 'big opening' to take advantage of China's increasing censorship of domestic movies.

China is preparing to celebrate the 70th anniversary of the founding of the People's Republic of China. In the run-up to this celebration the Communist Party has ramped up its censorship of domestic movies, with at least two long-awaited Chinese blockbusters getting unexpectedly axed this summer. This censorship has in turn opened up the Chinese box office for Hollywood films to fill the void, negating fears that the US-China trade war could crush revenues for American movies in the country.

China is preparing to celebrate the 70th anniversary of the founding of the People's Republic of China. In the run-up to this celebration the Communist Party has ramped up its censorship of domestic movies, with at least two long-awaited Chinese blockbusters getting unexpectedly axed this summer. This censorship has in turn opened up the Chinese box office for Hollywood films to fill the void, negating fears that the US-China trade war could crush revenues for American movies in the country.

 

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Source: CNBC - 🏆 12. / 72 Read more »