The new rules will require censorship approval for all streaming video, which could dampen recent growth of Hollywood content sales to the country's Internet giants.
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The “DreamCenter,” due to open in 2017, will have a 500-seat IMAX cinema with international film festivals and red carpet events in mind, bars, restaurants and performance venues.
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"It is very difficult to have a U.S.-Chinese co-production where both parties are equals. Both understand the potential of their own markets and pull the production in that direction.”
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