How Will the Presidential Election Impact Hollywood’s Relations With China?1 min read
Reading Time: < 1 minuteMedia, entertainment and communications activities have been unwitting collateral damage from the mounting tensions between the U.S. and China that many these days characterize as a cold war.
Journalists working for American media have been expelled from China. In retaliation, the U.S. has recategorized certain Chinese media and personnel as state agents, only one rung down from spies. Meanwhile, the long-awaited bilateral film deal that would have improved the terms of trade for Hollywood and independents alike has been left on the table, unsigned.
As the Hollywood studio system has started to unravel, to be replaced with a more tech-, online- and social media-driven business model, the media industry has been drawn closer to the epicenter of the dispute, which is namely a strategic rivalry over technology. The overlapping Donald Trump-Xi Jinping era has seen every aspect of the bilateral relationship turned into tradetable bargaining chips, with diplomacy replaced by tit-for-tat maneuvering.
Image credit: Associated Press
