The Chinese market is huge, yes, but increasingly turning away from Hollywood productions to homegrown ones. In 2025 for example 哪吒2 (Nézhā 2) broke scored over $2 billion at the box office, with a record-smashing $1.96 billion of that coming domestically. By way of comparison Captain America 4 only managed $14.4 million so far, a dramatic drop from 2016’s Captain America 3 returns of $180 million in 2016.
For reference, even CA3’s $180 million is an order of magnitude smaller than Nezha 2. CA4’s is two orders of magnitude smaller.
Now this is still true: China’s theatre-going audience, estimated at over half a billion people, is larger than the entire population of the USA. It’s still a hugely important market. But, for example, in 2024 the Chinese box office was estimated at ~6 billion dollars total: and 80% of that went to domestic films. The best-performing foreign film of 2024 (Dune 2) only made $48 million, ranking it about 8th. 7th was 维和防暴队 (Wéihé Fángbàoduì/Formed Police Unit) and it made over $120 million.
I’m pretty sure that the Chinese market for Hollywood films is vanishing.
The Chinese market is huge, yes, but increasingly turning away from Hollywood productions to homegrown ones. In 2025 for example 哪吒2 (Nézhā 2) broke scored over $2 billion at the box office, with a record-smashing $1.96 billion of that coming domestically. By way of comparison Captain America 4 only managed $14.4 million so far, a dramatic drop from 2016’s Captain America 3 returns of $180 million in 2016.
For reference, even CA3’s $180 million is an order of magnitude smaller than Nezha 2. CA4’s is two orders of magnitude smaller.
Now this is still true: China’s theatre-going audience, estimated at over half a billion people, is larger than the entire population of the USA. It’s still a hugely important market. But, for example, in 2024 the Chinese box office was estimated at ~6 billion dollars total: and 80% of that went to domestic films. The best-performing foreign film of 2024 (Dune 2) only made $48 million, ranking it about 8th. 7th was 维和防暴队 (Wéihé Fángbàoduì/Formed Police Unit) and it made over $120 million.
I’m pretty sure that the Chinese market for Hollywood films is vanishing.