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China’s box office roars while Hollywood remains on mute
China’s box office roars while Hollywood remains on mute
Pandemic underscores diverging fortunes of the world’s two biggest film markets
World Economy News
13 Feb 2021
• 3 min read
China’s box office was off to a roaring start during the crucial Lunar New Year holiday while the majority of cinemas remain closed in North America, underscoring the diverging fates of the world’s two largest film markets.
By 7pm on Friday in Beijing, China’s box office had already made Rmb1.7bn ($260m) in sales, according to booking service Maoyan, with 10 major homegrown films set for release during the holiday period.