China’s box office might have lost as much as RMB 1.5 billion ($214 million) in the first two months of this year due to the coronavirus outbreak, but a nationwide resumption of movie theaters and production is unlikely to happen any time soon.
China's Film Industry Hopes for Bailouts as Coronavirus Crisis Worsens
13.02.2020 - 02:21 / hollywoodreporter.com
With nearly all of China's 70,000 movie theaters still weeks — if not months — awayfrom reopening, many in the Beijing film industry have begun to hope for government bailouts as the only means of keeping their businesses afloat.
The cinema sector, to be sure, is just one of many areas of the enormous Chinese economy that has been hard hit by the novel coronavirus pneumonia, now officially known as COVID-19.
But Beijing is starting to send signals that it understands that the sector has been
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