As in other aspects of society (politics, economics), the film industry appears to be undergoing a process of decentralization (still in its infancy) by which Asia is, if not overtaking, at least matching its level of influence with that of European and American powers. Much of the impetus shifting this balance corresponds to China. The spectacular growth of China‟s domestic market is concentrating a substantial part of the global film business within this Asian giant, resulting in the still sector leader, the United States, conditioning its production in order to maximize profits in that territory. Resolute internationalization policies are also helping Chinese companies gain a foothold in Western countries conditioning film content there, although paradoxically their audiences remain unwilling to consume cinema that is culturally foreign. This essay will attempt to explain how all this has occurred.
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