Madrid -The United States has eased its commercial war to establish a 90 -day break in definitions, however, it does not apply to China. Donald Trump raised taxes to the country of up to 125 %, a decision that had already had a response from the Asian giant and will directly affect the Hollywood industry.
The country has announced that it will reduce the number of American films that can be shown in the country. The Chinese Film Administration said in a statement, “The wrong procedure of the US government to misuse of definitions on China will inevitably reduce the preference of the national audience of American films.” The Foundation added: “We will follow the market rules, and we will respect the public’s decision and reduce the amount of imported American films in a moderate manner.”
Prior to the official announcement of this procedure, Liu Hong, a journalist from the government news agency Xinhua, and Rin Yi, the grandson of the late politician Ren Chungi, has already on social networks a set of possible measures that China can take against the United States, including limiting or banning the import of this country.
China is the second largest film market in the world after the United States, although the national offer in recent years has flooded Hollywood imports. However, the new procedure is a harsh blow to studies, and Bloomberg has indicated that the shares of companies such as Walt Disney, Bramont Global, and Warner Bruce Discovery that you have suffered from an immediate decrease as a result of this decision.
Last week, Minecraft movieBy Warner Bruce, he led the Chinese box office with a range of $ 14.5 million, or nearly 10 % of the total world. In 2024, the American movie was shown for the first time in China Ghadzella and Kung: the new empire. The feature film raised 571.8 million dollars worldwide, of which 132 million dollars correspond to the Asian country rooms.
Despite the nation, IMAX spokesman announced diverse : “We are pleased that the Chinese film management has made it clear its position in American films imports and we have complete confidence, given our contracts from our experience and strong relationships in the country, in which the IMAX show in China, which includes Hollywood, Chinese, and international study, will not be greatly affected in the investment funds in the field of input in the field of income.”
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