Author: Elizabeth Denton

Sports Business and CultureBusinessCulture2025

China Blockbusting Through Hollywood

China is currently facing difficulties recovering from the fallout of a real estate crisis and dealing with low consumer confidence, deflationary pressures, and trade tensions with the United States. The Chinese government has set an optimistic economic growth target of 5 percent for the year, but economic uncertainty has hit younger generations especially hard. The urban unemployment rate for 16- to 24-year-olds is around 16 percent, according to Global Times, and youth feel uncertain about future careers and financial opportunities, leading to lessening popularity of paying to see movies in theaters.  All of this makes the recent success of “Ne Zha 2” all the more surprising.

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