China film law calls for socialist core values

BEIJING: China passed a restrictive and long-discussed film law on Monday banning content deemed harmful to the “dignity, honor and interests” of the People’s Republic and encouraging the promotion of “socialist core values”.

Booming box-office receipts have drawn Hollywood studios and a growing Chinese filmmaking industry into fierce competition for the Asian giant’s movie market, which PricewaterhouseCoopers projects will rise from $4.3 billion in 2014 to $8.9 billion in 2019 -- outstripping the US.