China box office smashes summer records, Hollywood contributes little

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China box office smashes summer records, Hollywood contributes little
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Top-grossing Chinese films include Lost In The Stars, No More Bets and One And Only. Read more at straitstimes.com.

BEIJING – The summer box office in China has reached a new historical high, raking in 17.8 billion yuan as of Friday morning for the 2023 summer movie season, with domestic films performing far better than Hollywood hits such as Barbie.

It is a highlight for consumption in a year that has witnessed a sluggish recovery in spending by Chinese consumers after the country abandoned its stringent Covid-19 policies at the end of 2022.

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