The China Film Administration (CFA) has announced plans to reduce the number of Hollywood films imported into the country.
The restriction is in retaliation for President Donald Trump’s escalation of US tariffs on imported Chinese goods.
The US president on Wednesday raised China’s tariff rates from 104 percent to 125 percent and paused tariffs for dozens of other countries.
In retaliation, China imposed 84 percent tariffs on American products.
In a statement on its website on Thursday, the CFA said the new tariffs would further sour domestic demand for US cinema in China, which has “already been in decline in recent years”.
The film body revealed that it will “moderately reduce” the number of American films China imports. CFA added that it plans to increase the number of films imported from other countries.
“The wrong action of the U.S. government to abuse tariffs on China will inevitably further reduce the domestic audience’s favorability towards American films,” it said.
“We will follow the market rules, respect the audience’s choice, and moderately reduce the number of American films imported.
“China is the world’s second-largest film market. We have always adhered to a high level of opening up to the outside world and will introduce more excellent films from the world to meet market demand.”
Hollywood once looked to China and its giant film market to help boost the box office performance of movies.
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