THE CHINESE ARE TAKING OVER

I was recently watching the epic, summer blockbuster Independence Day Resurgence. Of course, as with many huge budget Hollywood outings these days,


I was recently watching the epic, summer blockbuster Independence Day Resurgence. Of course, as with many huge budget Hollywood outings these days, I immediately noticed the appearance of famous Chinese actors and a number of lines spoken in Chinese language. I couldn't help but laugh, though, when I saw them video chat using QQ.

This QQ software happens to be the very chat software I use on a daily basis here in China. It's one of the most popular messengers around. The company behind it, called Tencent, is also a coproducer on the recent Teenage Mutant Ninja Turtle sequel. We are seeing greater and greater involvement of the Chinese government and huge Chinese mega corporations in the creation and distribution of Hollywood movies. There are two reasons for this. One is to get past Chinese censors, which limit the number of foreign films allowed in the local market. By entering into a coproduction deal, the film counts as a Chinese product.

The second reason is that these films can potentially make more money in the Chinese box office than is possible in the US box office, and this has happened on a handful of recent films. When you spend $150 million or more on a movie, you have me double or triple that back to be profitable!

Does this mean China will eventually take over Hollywood? Well, lets not forget that in the 80's the Japanese economy was rapidly expanding and they were buying up US land, hotels and movie studios. Then in the early 90's their economy tanked and pretty much never recovered. There's nothing saying the same will happen in China. Maybe things will go the way Joss Whedon predicted in his Firefly TV series.

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