After China opened its doors to the world in 1980, Chinese entrepreneurs conquered one global manufacturing industry after another except one. In 2009, The Chosun IIbo said there are 875,000 millionaires in China including 55,000 with more than 100 million yuan and almost 2 thousand billionaires. One of those billionaires wants to conquer that last frontier.
The NY Times says that one of China’s richest men, Jon Jiang, wants to equal tinsel town by producing a move that has ancient Greek warriors, pirates, underwater kingdoms and more by using mostly American actors and 3/D technology. The big difference is ” Empires of the Deep” is being produced in a studio near Beijing.
Jiang is not the only wealthy capitalist in China who wants to build a Chinese Hollywood. I’ve written about Zhang Zhao heading Enlight Pictures and another production company run by the Huayi brothers, who have collaborated with Sony and Disney. Source: Hollywood to Bollywood to a Rising Chinawood
Then there is the new Karate Kid, co-produced between an American Studio and China and was filmed in and around Beijing, which has earned close to 84 million globally as I get ready to schedule this post.
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Lloyd Lofthouse is the author of the award winning My Splendid Concubine and writes The Soulful Veteran and Crazy Normal.
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