The cinema balance is shifting: China has reached the position of the first cinema market in the world, taking the USA out of first place.
Analysts had already been predicting an overtaking in the sector for months, and this occurred in recent days, when the box office of the People’s Republic of China recorded receipts of 1.98 billion dollars compared to 1.93 billion dollars in the US.
China also boasts this year’s biggest box office takings in 2020: The Eight Hundred has collected 460 million dollars, surpassing Bad Boys for Life, which grossed 427 million dollars.
Obviously, the pandemic and its lockdown was an accomplice: so far in China, 75% of the seats in theaters are guaranteed in China , while many American sets had to close and many blockbusters were postponed to 2021.
