According to the news agency, the authorities want to expand the size of the Incheon International Airport free trade zone by around 10 percent to 3.3 square kilometres (about 1.3 square miles). Another zone, located in the southern port city of Busan, is to be expanded by 30 percent to 12 square kilometres (about 4.6 square miles). … [Read more...] about South Korea to Expand Free Trade Zones in Bid to Boost Slowing Exports Amid COVID-19 – Reports
China free trade agreement
This could potentially be good news for Netflix in China, if indeed it ever intends to go the theatrical route there. The streaming giant has been unable to crack the vast market with its online platform. In 2017, it entered a licensing deal with iQiyi which has since expired. The company in February acquired global SVOD rights to this year’s mega-blockbuster The Wandering Earth. The deal excluded mainland China where Youku retained dibs. … [Read more...] about Netflix, As MPAA Member, Will Benefit From Access To China, Says Charles Rivkin – CinemaCon
Rosen offers a theory regarding the standoff on trade: “China is aware that bringing in more Hollywood films or giving Hollywood a higher percentage of box office receipts, or responding to Hollywood complaints about distribution issues will do nothing to appease Trump. In fact, it might even be counterproductive since the Trump administration could accuse China of avoiding the real problems in the relationship and the U.S. demands. China knows that Trump has an adversarial relationship with Hollywood.” There is currently no indication negotiations are gearing up any time soon. … [Read more...] about China Box Office Growth Slows In 2018; Tricky Balancing Act Ahead For 2019
Already there are signs of disruption. In April, MPAA chief Charles Rivkin told reporters at CinemaCon that a new film contract was being “re-examined” and that the USTR was negotiating directly with the Chinese government. Those talks, we hear, are now stalled again. Then in May, the Game of Thrones finale did not air as scheduled in China, with Tencent Video claiming transmission problems at the last minute. HBO said the culprit was the trade dispute. There also is word of a clampdown on non-studio imports to China — disheartening after the recent success of Oscar winner Green Book. (Foreign titles like those from Bollywood and the $50M+ grossing Capernaum are not thought to be affected.) … [Read more...] about China: Could Trump’s Trade War & Stricter Local Controls Extend Summer Hollywood Movie Blackout To October?
On Sunday, Deputy Minister Tran Quoc Khanh sent this request to the northern provinces of Quang Ninh, Lang Son, Cao Bang, Ha Giang, Lao Cai, Lai Chau and Dien Bien after the Embassy of Viet Nam in China on Friday sent letters to ministers and People’s Committees in those provinces about China’s efforts to control the novel coronavirus (COVID-19) pandemic. … [Read more...] about Northern provinces asked to cooperate with China to manage border trade
The report, Coronavirus Compensation? Assessing China’s Potential Culpability and Avenues of Legal Response, said that for G7 members alone, lawsuits related to “patent breaches” of the International Health Regulations (IHRs) could be worth up to £3.2 trillion. Individually, the United Kingdom could have a claim in damages worth £351 billion, the United States £933.3 billion, Canada £47.9 billion, and Australia £29.9 billion. … [Read more...] about Sue Communist China for Coronavirus Pandemic, Says British Think Tank