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Tax Evasion Scandals Stall Film Production in China

Things are changing fast in China’s entertainment industry. The country’s film business is expected to enter a period of slowdown as the government continues to crack down on tax evasion after the eruption of the scandals surrounding Chinese actress Fan Bingbing (pictured above) and the war epic “Unbreakable Spirit.” 857 more words

Markets & Festivals

U.S.-China Summit: Janet Yang Optimistic Despite Industry, Political Woes

If American Secretary of State Mike Pompeo is to be taken at his word, the Asia Society’s U.S.-China Entertainment Summit taking place Tuesday in Los Angeles could be a short meeting. 545 more words

News

Film Review: 'Air Strike'

Few films can claim a bumpier, more public production ride or worse crash landing than “Air Strike,” purportedly the most costly Chinese feature ever when it was shot — which was three years ago. 1,069 more words

Reviews

China says movie star missing 3 months owes $130 million in taxes, penalties

BEIJING — Chinese tax authorities have ordered “X-Men” star Fan Bingbing and companies she represents to pay taxes and penalties totaling $130 million, ending speculation over the fate of one of the country’s highest-profile entertainers three months after she disappeared from public view. 554 more words

Fan Bingbing

UBS and Julius Baer restrict travel to China after Singapore banker is detained -- ‘Everybody in China is at risk’

  • The travel restrictions, which were not announced publicly, highlight the challenges for foreign bankers in China
  • China’s anti-corruption drive has focused firmly on the financial sector, unsettling some foreign executives…
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'Air Strike': U.S. Bow Of Bruce Willis & Fan Bingbing Pic Still On Target Despite China Scrap

Lionsgate is expected to go ahead with its domestic home entertainment release of Air Strike next week, despite the cancellation of a Chinese theatrical bow on October 26 (Lionsgate is not involved in the China release). 356 more words

Breaking News

China Release of Fan Bingbing-Bruce Willis Film ‘Unbreakable Spirit’ Is Scrapped

The planned theatrical release of big-budget Chinese war movie “Unbreakable Spirit” has been scrapped following allegations of money laundering. The film had earlier been at the center of the tax avoidance allegations involving actress Fan Bingbing. 328 more words

News