China’s Box Office Loses Up to $214 Million in Two Months Due to Coronavirus

China’s box office might have lost as much as RMB 1.5 billion ($214 million) in the first two months of this year due to the coronavirus outbreak, but a nationwide resumption of movie theaters and production is unlikely to happen any time soon. “Judging from the current situation, the film industry is not equipped to resume business yet, and we have not approved industry’s demands to resume business as of now,” said Chen Bei, deputy secretary general of the Beijing municipal government.

Source: China’s Box Office Loses Up to $214 Million in Two Months Due to Coronavirus

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